Shufflebottom adds its voice to the Build UK #StopReverseVAT Campaign

Shufflebottom, have joined the Build UK #StopReverseVAT Campaign and are proud to have added our voice to a coalition of trade bodies calling on the Chancellor to withdraw the VAT Reverse Charge.

Many construction businesses have worked throughout the Pandemic to keep construction processes going, sub-contractors busy, customers supplied, and workforces in employment. As you would imagine, it’s not been without significant challenges, and often setbacks. But we’ve risen to the challenges, kept buoyant and played a significant role in driving the local and national economy.

 Shufflebottom very much appreciated, the UK Government’s explicit recognition of the role our construction sector continues to play in keeping vital services and infrastructure running as smoothly as possible during the Pandemic.

But. And it's a big but. From 1st March 2021 HM Treasury plans to introduce the Construction Services Domestic Charge known as “Reverse VAT” or “Reverse Change VAT”. It’s a new way of collecting VAT from businesses, that provide construction services within the scope of the Construction Industry Scheme (CIS). Rishi Sunak, Chancellor of the Exchequer, is planning to implement this change in an attempt to ensure the Government is recovering the correct amount of VAT from the construction sector for work carried out within the UK. 

However, Reverse Charge VAT will have a huge negative impact on our vital construction sector, by restricting cash flow – at this, the worst of times, when we look to work our way out of the Pandemic and towards economic recovery.

Shufflebottom along with many others, urges the UK Government to reconsider this Policy as a matter of urgency and to use the forthcoming Budget to withdraw the Campaign and file it under bin!

Alex Shufflebottom, Director at Shufflebottom, presents her viewpoint in the accompanying postcard statement.

Reverse Vat Image.jpg

Browse more news

Everhot Cookers Shufflebottom.jpg

The Everhot Powerhouse

What’s exciting about being a company that manufactures structural steel and steel-framed buildings across the industrial, commercial and agricultural sectors is that Shufflebottom comes across a diverse range of interesting businesses where people are inventing, making and selling the most wonderful things.

Everhot is one such company. Located near Dursley, Gloucestershire in the South Cotswold Valleys, Everhot manufactures hand-crafted heat-storage ranges with low-energy requirements.

Posted, May 26, 2022

Manufacturing Wales at Shufflebottom.jpg

Manufacturing Wales

Shufflebottom is a proud, Welsh manufacturing company based in Cross Hands, south-west Wales. We are but one of a diverse range of manufacturers who call Wales their home. Whether it’s steel (such as us), electronic, chemical, fabric or food companies whose products are Made in Wales, each has its own distinctive vision and ambition for improved performance and growth now, and in the future.

Posted, May 23, 2022

sarahsmith-shufflebottom.jpg

A Family Affair

Shufflebottom understands that young people are the future: that our pipeline of skills is out there ready and waiting. That’s why, since our inception in 1977, we’ve made it our business to forge links with education providers and students in Wales so that we can offer relevant work experience here at our offices and factory that dove-tails with their academic or vocational courses.

Posted, May 17, 2022

WADLAND - LOGO-new.jpg

Wadland Finance – helping you to grow your business

Shufflebottom is delighted to share the news that it has recently partnered with rural finance specialist, Wadland Finance. Wadland Finance are experts in their field for the finance of agricultural and forestry equipment, dairy cattle and other capital assets.

Posted, May 12, 2022