VAT reverse charge is due to be introduced on 1 March 2021 and the AFI is supporting the BuildUK coalition campaigning to stop this. We know how this will impact cash flow of companies in the supply chain and support its withdrawal. The BuildUK campaign will launch on 1 February 2021 and will involve lots of social media activity.
You can also get involved with this too! Tell us the impact of Reverse VAT on your business and we will add this to the BuildUK to strengthen the campaign.
How else can you support the campaign to stop Reverse VAT?
Create your own social media postcard to demonstrate support from across the industry by downloading a copy of the postcard template then following the instructions to apply your branding, photo and quote. Start posting this on social media from Tuesday 2 February!
Then follow BuildUK on LinkedIn and Twitter and share the different postcards using the hashtag #StopReverseVAT and copying in @hmtreasury and @HMRCgovuk.
Together the industry can come together and demonstrate the significant impact of the introduction of Reverse VAT.