Government

Autumn Budget 2018

by Berthold Bauer on October 30, 2018

The Chancellor yesterday afternoon announced the 2018 Autumn Budget, below provides a brief overview of the relevant NHS and VAT related statements:

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Berthold BauerAutumn Budget 2018

VAT with no-deal on Brexit

by Berthold Bauer on August 28, 2018

Last week HMRC announced their plans for VAT if the UK ends up leaving the EU in March 2019 without a deal. They have emphasised that the government is confident a deal will be reached, but they are introducing contingency plans as a precautionary measure.

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Berthold BauerVAT with no-deal on Brexit

Spring Budget 2017

by Berthold Bauer on March 9, 2017

Unfortunately the Chancellor did not announce any new VAT reliefs or incentives today in his budget; but there were a few relevant announcements:

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Berthold BauerSpring Budget 2017

Autumn Statement Update

by Berthold Bauer on November 23, 2016

The update today has announced very little in the way of VAT changes. They reinforced their attitude towards tax avoidance by confirming that a new penalty regime will be introduced for those involved. They also commented that they were specifically focusing on shutting down inappropriate use of the flat rate scheme.

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Berthold BauerAutumn Statement Update

EU Referendum Results

by Berthold Bauer on June 24, 2016

The announcement today that the UK has voted to leave the EU is likely have a substantial impact on businesses and indeed UK taxes.

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Berthold BauerEU Referendum Results

Reduced Rate on Energy Savings Materials

by Berthold Bauer on April 4, 2016

On 24th March, HMRC released a policy paper confirming that the Prime Minister has secured agreements with other officials at the March European Council to welcome increased flexibility for member states in relation to the zero and reduced rates of VAT. Whilst this was primarily related to the abolition of the ‘tampon tax’ – the increased flexibility could present an opportunity for the UK to reconsider other demands – like the ECJ ruling which suggested that the reduced rate on energy saving materials was in breach of EU laws.

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Berthold BauerReduced Rate on Energy Savings Materials

Budget 2016 – Key Points

by Berthold Bauer on March 17, 2016

Budget 2016

The budget announcements often have an impact on the NHS, so we aim to promptly summarise the main impact to your organisations.  This year – the key points are as follows:

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Berthold BauerBudget 2016 – Key Points

Additional VAT Recovery: Non-departmental public bodies

by Berthold Bauer on December 11, 2015

This week HMRC have announced their intention to introduce a new section, 33E of the VAT Act 1994, to prevent VAT being a barrier to non-departmental public bodies who enter into arrangements to share back office services that would otherwise result in greater efficiencies.  This puts the VAT position for government departments, NHS bodies and non-departmental public bodies on a similar footing.  In line with the other departments who are able to claim similar services under section 41 (3), they will have a shorter period in which to claim a refund.

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Berthold BauerAdditional VAT Recovery: Non-departmental public bodies