Build UK Daily Update
Source - Build UK
The Treasury has announced that the introduction of Reverse Charge VAT will be delayed for a further five months until 1 March 2021. An action within the Construction Leadership Council (CLC) Roadmap to Recovery, the delay was called for by a coalition of industry bodies, including Build UK, and is welcome news for the industry.
From today, new quarantine rules apply for those entering the UK and individuals will have to selfâ€isolate for 14 days on arrival. There is a list of very specific roles that are exempt, including road hauliers; those carrying out essential emergency and maintenance work on water, sewerage, electrical or rail networks; and workers with specialist skills that ensure the continued production of goods. Those who live in the UK but travel overseas for work at least once a week will also be exempt.
The Government has confirmed that the Coronavirus Job Retention Scheme will close to new entrants from 30 June 2020, and this Wednesday 10 June is the final date by which an employer can furlough an employee for the first time in order for the minimum 3â€week furlough period to be completed by the deadline.