Construction

Key Requirements

Services directly connected with overseas land can qualify as international services. Progress payments and retention sums use invoice or payment, whichever is earlier. A normal letter of claim is not a final tax invoice and does not support a subcontractor input claim; issue the tax invoice following certification and keep the work certificate. Back-charges, deposits, damages and settlements have separate transaction rules. Do not import the residential-property sale exemption into the contractor’s service, or wait until the project finishes to account for all tax where earlier billing or payment has occurred.