Construction focus: Safeguarding project delivery in a post-Covid world

Forsters LLP | April 2021 #386
Although projects have continued during the pandemic, Covid-19 has had a significant effect on the financial health of many businesses operating in the construction sector in the last 12 months. Emily Holdstock explores the ways in which developers can mitigate the occurrence and effects of contractor insolvency It is prudent to include provisions within the …

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Construction focus: VAT reverse charge on construction services

Forsters LLP | March 2021 #385
Heather Corben considers recently introduced changes to VAT payments HMRC believes that, in a significant proportion of cases, VAT which is paid over to builders is not properly accounted for and is being lost in the system Significant changes are being made to the way VAT has to be accounted for in the construction industry. …

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Construction focus: Amendments to standard forms

Forsters LLP | February 2021 #384
Emily Holdstock explains why standard forms are so often amended, through the lens of a developer client It is vital that property lawyers and construction lawyers work closely together to ensure that the developer’s position is protected in so far as possible. Building contracts come in many forms. From the JCT to the NEC to …

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