VAT & Import Duty Updates

by Berthold Bauer on June 5, 2020

HMRC announced this week a few further VAT/ import duty reliefs which will support the NHS through this crisis:

  • when importing certain animals for scientific research, the guidance can be found here
  • when importing certain therapeutic substances like blood-grouping or tissue typing reagents (from plant, animal, other or human origin), the guidance can be found here
  • when importing certain substances used for non-commercial biological and chemical research, the guidance can be found here

It is hoped that the above reliefs will support the NHS in their research and testing in relation to Covid-19 without VAT and customs duty being an additional barrier.  Trusts should be aware that the reliefs exist, as action may need to be taken in order for them to apply. 

Please don’t hesitate to contact one of the Berthold Bauer NHS VAT team if you have any questions about the reliefs.

Berthold BauerVAT & Import Duty Updates

Temporary ‘VAT free’ PPE for NHS & Care Homes

by Berthold Bauer on April 30, 2020

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.

Berthold BauerTemporary ‘VAT free’ PPE for NHS & Care Homes

NHS COS deadline extension

by Berthold Bauer on April 7, 2020

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. 

Berthold BauerNHS COS deadline extension

VAT deferral

by Berthold Bauer on March 24, 2020

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:

Berthold BauerVAT deferral

Budget 2020

by Berthold Bauer on March 11, 2020

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.

Berthold BauerBudget 2020

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:

Berthold BauerAutumn Budget 2018