Many developers find themselves in a net VAT refund position and have encountered delays in receiving VAT refunds on construction costs The UAE and Saudi Arabia both introduced VAT on 1 January 2018, ...
Housing minister Darragh O’Brien has appeared to rule out a reduction of the VAT rate for residential construction. A reduced VAT rate of 13.5 per cent currently applies to construction but a recent ...
The Tax Strategy Group has considered reducing VAT on construction services and materials as part of the government's housing policy. In a paper, it points out that since 2022, EU member states can ...
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