Maximise NHS VAT savings with our Secondary Re-Review Service
At CRS VAT, we specialise in uncovering additional VAT savings for NHS bodies and have achieved this even after a competitor has completed a review. Our expert team has a proven track record of identifying VAT errors and securing further refunds through our secondary VAT re-reviews. With a 100% success rate in finding additional savings, we help NHS bodies optimise their VAT recovery and improve compliance.
Our VAT Re-Review Services for NHS Bodies
We offer two distinct types of re-review services:
- Secondary Contracted-Out Services (COS) VAT Re-Review
- Secondary Business VAT Re-Review
Why Choose CRS VAT for a Secondary VAT Re-Review?
Our meticulous approach focuses on examining the time periods and types of VAT often overlooked in initial reviews. Many NHS bodies miss out on substantial VAT savings because of the complexity of VAT rules and the high volume of transactions. CRS VAT’s secondary reviews ensure that no savings are left on the table. In fact, our secondary re-reviews have delivered significant additional refunds every time.
What is a Secondary COS VAT Re-Review?
Most NHS bodies engage a VAT adviser to review accounts payable invoices, aiming to catch VAT errors. These reviews are typically conducted monthly, quarterly, or annually to ensure VAT refunds are claimed before deadlines. However, due to the complexity of COS VAT rules and transaction volumes, additional savings are often missed.
CRS VAT excels at providing a second look, consistently identifying additional savings. Over the last financial year, we conducted over 25 COS VAT re-reviews across a range of NHS bodies, including large Trusts, CCGs, and Special Health Authorities. Our average gross VAT refund per review exceeded £150,000, highlighting the value of our expertise.
We also identify common VAT errors like overclaims and under-declarations, ensuring your NHS body remains compliant while maximising VAT recovery.
What is a Secondary VAT Re-Review?
What is a Secondary Business VAT Re-Review?
For NHS bodies generating business income, it’s essential to complete a business/non-business and partial exemption calculation to recover business input tax on costs related to taxable income. However, many organisations miss out on VAT recovery opportunities.
Our secondary business VAT re-reviews go beyond standard checks, using a forensic approach to identify additional direct and indirect input tax recovery. We also help reduce your partial exemption liability and review your output tax to ensure full compliance.
Maximise Your NHS VAT Recovery
With CRS VAT’s secondary re-reviews, you can rest assured that your VAT recovery is optimised, and no opportunity for savings is missed. Contact us today to discover how we can help your NHS body secure additional VAT refunds and improve compliance.