RCM on rent???

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16 Points Posted on 23 January 2021
my query is is there reverse charge mechanism against rent???
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On 23 January 2021 at 23:39 Report
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This discussion clarifies that there is currently no Reverse Charge Mechanism (RCM) applicable to rent payments in the UK. The consensus among participants is that RCM provisions are limited to specific goods and services, and rent is not included in these provisions at present. Therefore, taxpayers do not need to worry about RCM on rent.

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Chartered Accountant
86505 Points Posted on 23 January 2021
No such prov
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On 23 January 2021 at 23:59
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student
51 Points Posted on 24 January 2021

No such provision are there.

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On 24 January 2021 at 00:12
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588 Points Posted on 24 January 2021
At present there is no RCM on rent.
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On 24 January 2021 at 08:01
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Chartered Accountant
86505 Points Posted on 24 January 2021

RCM is applicable on selctive goods only and other than that no RCM Provision will attracted.

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On 24 January 2021 at 08:23
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16 Points Posted on 24 January 2021
Tq all..
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On 24 January 2021 at 09:21
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Chartered Accountant
24588 Points Posted on 24 January 2021
No provision
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On 24 January 2021 at 09:25
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Chartered Accountant
86505 Points Posted on 24 January 2021
Welcome.....
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On 24 January 2021 at 09:36
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Practicing Chartered Accountant
959 Points Posted on 26 January 2021
No such provision as on date.
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On 26 January 2021 at 00:09

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