In our last VAT report, we advised that the new procedures for compulsory online VAT return filing were not yet available to the NHS. HMRC have since stated that online filing will be applicable to the NHS, however the issue of how to file the accompanying VAT21 Form does not yet appear to have been [...]
Revenue and Customs Brief 09/10 announced their revised policy with regard to the supply of education by a university subsidiary trading company. HMRC have reviewed their policy on the treatment of supplies of education delivered by companies that are owned or controlled by a university, and have concluded that, in many cases where a university [...]
Following a recent ECJ decision, (Vereniging Noordelijke Land-en Tuinbouw Organisatie v Staatssecretaris van Financien (C-515/07) – (VNLTO)), and a meeting of the EU Council, it has been anounced by HMRC that from 22 January 2010, the use of the Lennartz mechanism will be restricted to circumstances where goods/services are to be put to both business [...]
NHS bodies should already be aware that when certain services are purchased from an overseas supplier, VAT must be accounted to HMRC (in Box 1 of the VAT Return) under the ‘Reverse Charge’ Procedure. Recent changes have been made to the VAT Place of Supply rules of cross border services to business customers from 1 [...]
Although online VAT return filing and payment will become compulsory from 1 April 2010 for businesses with an annual business income turnover of £100,000 or more, these new procedures are not yet available to the NHS. You should therefore continue to receive and submit the paper returns until further guidance is announced for the NHS.
The standard rate of VAT is due to rise from 15% to 17.5% on 1 January 2010. This rise in VAT may encourage NHS organisations to make large value purchases in December 2009 rather than in January 2010, but there are other ways to legitimately take advantage of the lower VAT rate. Below are various [...]
Property owners and landlords (including NHS bodies) are now able to revoke an Option To Tax in order that sales and lettings of a property can revert to being exempt from VAT. This may lead to opportunities for certain NHS bodies which opted property at the inception of the Option To Tax regime. The Option [...]
We are frequently asked to provide definitive advice on the recoverability of VAT on staff agency fees and consultancy services. We have therefore reproduced the current rules below, together with some additional guidance regarding the differences between staff and consultancy services. Nursing and Admin Staff – Headings 41 and 69 At present, NHS bodies are [...]
We are pleased to announce that CRS VAT Consulting has recently been awarded a framework contract through The East of England Collaborative Procurement Hub (“EOECPH”) to provide VAT services as part of a wider analysis and reconciliation framework. The Contract was tendered by EOCPH on behalf of NHS bodies in that region, but also covers [...]
Changes are about to be made in respect of VAT Place of Supply rules from 1 January 2010 due to a Europe wide initiative called “The VAT Package”. It aims to simplify the current rules relating to cross – border supplies of services and the recovery of VAT on purchases made in other EU countries. [...]