VAT Optimisation Opportunity for Your Care Sector Clients
Navigating VAT has often been complex for the care sector. With our expertise, we can guide you to potentially reclaiming VAT that you are currently unable to recover. The cost of living crisis is having a significant impact on the care industry and any saving of VAT on an ongoing basis will assist the long-term […]
Navigating VAT has often been complex for the care sector. With our expertise, we can guide you to potentially reclaiming VAT that you are currently unable to recover.
The cost of living crisis is having a significant impact on the care industry and any saving of VAT on an ongoing basis will assist the long-term commercial viability of your care business.
The provision of welfare services is exempt from VAT when supplied by an eligible body.
Through strategic restructuring it is possible to break this exemption. This means that VAT can be charged on the supplies made (income received), and VAT can be recovered on related costs. This could include, for example, agency staff fees, maintenance costs, refurbishment costs, and professional fees.
Local authorities can recover the VAT charged; therefore, it does not represent an extra expense to them.
Supplies of welfare services to private individuals can remain exempt from VAT.
This structure is widely accepted in the industry and can result in significant ongoing savings.
Our fees for the VAT technical and administrative restructuring element of the process, creation of the working VAT group, all related disclosure to HMRC and implementation services is provided for on a contingent basis.
Meaning you only pay us if you recover the VAT.
If you wish to explore this VAT saving opportunity in more detail, please do contact us for a free no obligation meeting.
07710 553831
