Your Guide to Making Tax Digital, DRC and CIS

For trade and construction businesses and sole traders

Whether you’re a tradesperson or run your own construction business, there is a great deal of government legislation that you’ll need to comply with.

In the last few years alone, new legislation such as Making Tax Digital (MTD) and Domestic Reverse Charge (DRC) have meant that sole traders and business owners in the construction industry have found themselves having to shift processes and workflows in order to comply.

In addition to keeping on top of Construction Industry Scheme (CIS) requirements, it’s vital to ensure you fully understand your obligations.

Here, we aim to explain what these initiatives mean for business owners and sole traders, along with key dates to bear in mind and how to stay compliant.