Maximise NHS VAT Recovery and Ensure Compliance with CRS VAT Review Services
With mounting budget pressures, ongoing structural reforms, and the introduction of VAT penalties for the NHS, it has never been more critical to maximise VAT recovery and maintain strict VAT compliance. CRS VAT’s comprehensive NHS VAT review services are designed to help you do just that.
We offer a thorough examination of VAT records, procedures, and policies, ensuring current practices are optimised for VAT recovery and compliance. Our detailed review identifies areas for improvement, as well as opportunities for future VAT savings and refunds.
Comprehensive NHS VAT Review Services
Our VAT review services are tailored to meet the unique needs of NHS bodies, helping you uncover hidden savings and stay compliant with the latest VAT regulations.
NHS VAT Expenditure Reviews
We carry out detailed reviews of NHS expenditure to ensure maximum VAT recovery on eligible contracted-out services (COS) and business input tax. With the globalised nature of NHS purchasing, we also identify VAT obligations on certain overseas purchases, ensuring you remain compliant while avoiding penalties.
- Maximise VAT recovery using proven data analysis techniques
- Identify VAT errors to minimise the risk of penalties
- Provide a full audit trail for easy reference and learning by your staff
Our expert team draws on extensive NHS VAT experience and applies advanced methodologies to uncover every possible VAT refund opportunity within your accounts payable system.
NHS VAT Income Reviews
NHS organisations engage in certain income generation activities and transactions which are treated as business activities for VAT purposes. Normal VAT rules apply to these activities and must be treated as taxable (standard-rated currently at 20%, reduce-rated 5% or zero-rated 0%) or exempt from VAT and output tax must be declared where appropriate.
We can conduct systematic reviews of our NHS client’s income generation records including sales invoices and cashbooks to determine the correct VAT treatment. Any VAT adjustments necessary (for either under-declared or over-declared output tax) can be reported to you for inclusion in your monthly VAT returns.
NHS Capital VAT planning
NHS organisations are able to recover VAT on a proportion of building costs, where the work involves an element of eligible contracted-out services (COS) VAT. Some building schemes may also form part of the direct or indirect (overhead) costs of your business activities.
We take a strategic approach to reviewing capital schemes in order to gain a full understanding of the nature and use of each scheme and to ensure that all information is available in order to maximise VAT recovery.