A recent First-Tier Tax Tribunal considered whether various ultrasound scans performed on pregnant women would qualify for exemption under Schedule 9 VATA 1994.
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Some more welcome VAT news today, that the VAT on all supplies of Personal Protective Equipment (PPE) will temporarily be zero-rated to reduce the associated cost burden to organisations like the NHS and care homes.
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HMRC did announce in the most recent budget plans to zero rate e-books and e-newspapers in time for the festive season (1 December 2020)
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HMRC have written to us today to confirm that the NHS will be granted an extension to VAT recovery for VAT incurred in the 2019-20 financial year.
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The PM announced on Friday a VAT deferral to support UK businesses in this unprecedented time. The deferral will hopefully help many businesses to stay afloat during this difficult period, but it is worth reminding all businesses that this will not abolish any VAT due, it will simply defer the date it is due for payment and exists to help those in financial difficulty or hardship. To summarise how this deferral will work in practice:
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The 2020 Budget did have some announcements which will affect many of our NHS Clients. Firstly, the NHS as a whole will be set to receive £6 billion of additional funding across the course of this parliament, and in addition, to support the recent outbreak of coronavirus, an emergency fund of £5 billion is being set-up. The Chancellor gave assurances that the NHS would get whatever resource it needs at this crucial time – a welcome announcement.
HMRC have now provided a more definitive time frame for requiring users of the GIANT system (like the NHS) to join MTD (Making Tax Digital).
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As you probably know, most ordinary businesses have been mandated to start ‘Making Tax Digital’ as of 1 April 2019.
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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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HMRC have recently updated the VAT Notice relating to purchases made by NHS Organisations using charitable funds. (https://www.gov.uk/guidance/charity-funded-equipment-for-medical-and-veterinary-uses-notice-7016 )
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