VAT and the NHS

VAT and the NHS

A technical guide

VAT & the NHS is both a reference manual and a practical guide to managing VAT in the NHS. The book provides a comprehensive overview of VAT in the context of the NHS. It does not assume that readers are specialists in either subject, which means it should have a wide appeal among finance staff within the NHS as well as general practitioner accountants and VAT consultants. The second edition of VAT & the NHS is based on published HMRC and HM Treasury guidance and policy and on current case law and legislation in force as at 30 June 2016 and is revised to include the recent structural changes in the NHS and developments arising from the Budget 2015 and 2016 (as well as the potential implications of Brexit).

The book helps to identify all of the issues in the tax relevant to the NHS and in a logical analysis explain these from an NHS compliance perspective and in relation to the organisational activities of the NHS (providing further references where appropriate if more detailed information is required). For reference there is a Glossary of Terms, a list of Definitions and a list of References.

Category: Finance, Tax
Series: VAT Guides

VAT & the NHS is both a reference manual and a practical guide to managing VAT in the NHS. The book provides a comprehensive overview of VAT in the context of the NHS. It does not assume that readers are specialists in either subject, which means it should have a wide appeal among finance staff within the NHS as well as general practitioner accountants and VAT consultants.

The second edition of VAT & the NHS is based on published HMRC and HM Treasury guidance and policy and on current case law and legislation in force as at 30 June 2016 and is revised to include the recent structural changes in the NHS and developments arising from the Budget 2015 and 2016 (as well as the potential implications of Brexit).

The book helps to identify all of the issues in the tax relevant to the NHS and in a logical analysis explain these from an NHS compliance perspective and in relation to the organisational activities of the NHS (providing further references where appropriate if more detailed information is required).

For reference there is a Glossary of Terms, a list of Definitions and a list of References.

“The book provides a comprehensive overview of VAT in the context of the NHS. It does not assume that readers are specialists in either subject, which means it should have a wide appeal among finance staff within the NHS as well as general practitioner accountants and VAT consultants.

VAT and the NHS should help tax practitioners who act for clients affected by the continuing organisational change within the NHS. It is certainly a welcome addition to my own library.”

Taxation magazine (on the first edition)

Martin Kaney is the founder of the online VAT resource, X-VAT, and has over 30 years’ experience in the tax including 15 years in the NHS. He is a graduate of Edinburgh University and also holds an external law degree from Strathclyde University. He is a member of the VAT Practitioners Group and a Council Member of the Gerson Lehrman Group.

 

VAT & the NHS is both a reference manual and a practical guide to managing VAT in the NHS. The book provides a comprehensive overview of VAT in the context of the NHS. It does not assume that readers are specialists in either subject, which means it should have a wide appeal among finance staff within the NHS as well as general practitioner accountants and VAT consultants. The second edition of VAT & the NHS is based on published HMRC and HM Treasury guidance and policy and on current case law and legislation in force as at 30 June 2016 and is revised to include the recent structural changes in the NHS and developments arising from the Budget 2015 and 2016 (as well as the potential implications of Brexit).

The book helps to identify all of the issues in the tax relevant to the NHS and in a logical analysis explain these from an NHS compliance perspective and in relation to the organisational activities of the NHS (providing further references where appropriate if more detailed information is required). For reference there is a Glossary of Terms, a list of Definitions and a list of References.

1              VALUE ADDED TAX

1.1          The Scope of VAT

1.2          General Principles

1.3          The NHS Context

2              ADMINISTRATION

2.1          An NHS VAT Overview

2.2          Divisional Registrations

2.3          Registration & Deregistration

2.4          Appeals & Reviews

2.5          Error Correction Notifications

2.6          Universities & Further Education Colleges

2.7          Local Authorities & Section 33 Bodies

2.8          Charities, Social Enterprises & RSLs

2.9          Scotland

2.10        Wales

2.11        Northern Ireland

2.12        Cost Sharing Exemption

3              ACCOUNTING FOR VAT

3.1          VAT Compliance

3.2          Compliance Checklist

4              NON-BUSINESS ACTIVITIES

4.1          Non-Business Activities

4.2          Business/Non-Business Apportionment

5              CONTRACTED-OUT SERVICES

5.1          Background

5.2          VAT Act 1994 section 41

5.3          Recent Developments

5.4          Contracted-Out

5.5          Managed Services

5.6          Repair and Maintenance

5.7          Incidental Supplies

5.8          COS Time Limits

5.9          VAT Returns

5.10        COS Headings

5.11        Additional Recovery

6              BUSINESS ACTIVITIES

6.1          Catering & Food

6.2          Private Patients

6.3          Car Parks

6.4          Property & Accommodation

6.5          NHS LIFT

6.6          Pharmacy Supplies

6.7          Research & Development

6.8          The Treasury List

7              PARTIAL EXEMPTION

7.1          Business Activities

7.2          Partial Exemption De Minimis

7.3          Calculation of Allowable Input Tax

7.4          Business/Non-Business COS Restriction

7.5          Submission & Approval

8              NHS FRAMEWORK

9              CAPITAL EXPENDITURE

9.1          VAT & Capital Expenditure

9.2          COS Capital

9.3          Bill of Quantities

9.4          The Banding Scheme

9.5          Private Finance Initiative

9.6          NHS LIFT

9.7          ProCure21+

10           LAND AND PROPERTY

10.1        Introduction

10.2        Sales of Land & Buildings

10.3        Option to Tax

10.4        Capital Goods Scheme

10.5        Anti-Avoidance Provisions

10.6        Construction Services

11           INTERNATIONAL VAT

11.1        Place of Taxation

11.2        Acquisitions & Removals

11.3        Imports & Exports

11.4        Place of Supply of Services

12           MISCELLANEOUS

12.1        NHS VAT Concessions

12.2        Supplies to Employees

12.3        Car Leasing

12.4        Supplies of Staff

12.5        Charitable Funds

12.6        Aids for the Handicapped

12.7        Donated Medical and Scientific Equipment

12.8        Fleming Appeals

12.9        Public Sector Exemption

12.10     Conclusion

APPENDIX 1: VAT ACT 1994, SECTION 41

APPENDIX 2: TREASURY (CONTRACTING-OUT) DIRECTIONS

APPENDIX 3: TREASURY (TAXING) DIRECTIONS UNDER SECTION 41(2),(5) AND (6) OF THE VALUE ADDED TAX ACT 1994

APPENDIX 4: TREASURY (CONTRACTING-OUT) DIRECTIONS - LIST OF ELIGIBLE SERVICES (DECEMBER 2002)

APPENDIX 5: TREASURY (TAXING) DIRECTIONS - LIST OF BUSINESS ACTIVITIES (OCTOBER 2008)

APPENDIX 6: TREASURY (TAXING) DIRECTIONS - LIST OF ELIGIBLE DEPARTMENTS (OCTOBER 2008)

APPENDIX 7: REDUCED-RATE SUPPLIES

APPENDIX 8: ZERO-RATED SUPPLIES

APPENDIX 9: EXEMPT SUPPLIES

APPENDIX 10: GLOSSARY OF TERMS

APPENDIX 11: DEFINITIONS

Business

Supply

Consideration

VAT Fraction

APPENDIX 12: REFERENCES

Statutes

Publications

VAT Manuals

VAT Notices

VAT Guidance

Websites

Public Bodies Group

INDEX

Imprint
Spiramus Press
Publisher
Spiramus Press
Language
English
Product Format
PDF
Dimensions
234 x 156
Publication Date
15 Sep 2016
Number of Pages
233
ISBN
9781910151228
Edition
2
Product Format
Book
Dimensions
234 x 156
Publication Date
23 Sep 2016
Number of Pages
233
ISBN
9781907444715
Edition
2