VAT Re-review Service

What is it?

Our VAT re-review service enables us to identify additional VAT savings which have been missed or overlooked by your current VAT adviser.

By examining the exact time periods and types of VAT as our main competitors, CRS VAT Consulting has achieved a proven 100% success rate of identifying additional VAT savings through re-reviews.

What kind of VAT savings can be achieved?

To-date, we have secured in excess of £3m of additional VAT savings from these exercises alone.  The average additional saving per client re-review has been around £140,000 and the additional money has been a welcome reinvestment into the budgets of these NHS organisations.

The table below represents just eight of the VAT re-reviews which we completed for the first nine months of 2009/10, where the previous adviser had already carried out their VAT review.

How does it work?

We are able to achieve these additional savings by applying our expert knowledge of the NHS VAT regime to a range of areas often overlooked by our competitors.

The exercises involve reviewing a given list of financial records which should be readily available, so there is minimum impact on your staff time and resources.  Where appropriate, the additional VAT savings identified from these reviews will be submitted to HMRC for their written approval. 

What are the risks?

These are stand-alone exercises and do not affect or conflict any contractual arrangements that you have with your current VAT advisers.

Our fees for carrying out re-review exercises and securing ADDITIONAL savings are wholly contingent, calculated as a percentage of the gross VAT savings identified.  This means that the exercise is completely self funding and there is no risk of paying any fees unless successful.