SOCIAL ENTERPRISE AND COMMUNITY INTEREST COMPANIES – VAT
Whilst many PCT providers opted for staying as NHS Bodies, those PCTs who chose to form CICs are encountering significant challenges.
HEALTHCARE SERVICES
NHS
CICs
PRIVATE HEALTHCARE
COSMETIC CLINICS
SUPPLIERS
PROCUREMENT
VAT & FINANCIAL SECTORS
HEALTHCARE
PROPERTY
CHARITIES
EDUCATION
GOVERNMENT
IMPORT & EXPORT
FINANCIAL SAVINGS
CPD TRAINING
VAT is one of those significant challenges, namely because CICs fall outside of the NHS’s VAT grouping and are not afforded many of the VAT advantages offered to direct Government Departments or Charities.
Due to this consequence, it is wholly appropriate and prudent to engage leading professional advice in order to mitigate future liabilities and to assist with the most beneficial business structure within the confines of all other considerations.
Berthold Bauer works with many Healthcare CICs to help them realise new and substantial VAT recoveries, to mitigate VAT costs and to ensure compliance.
We have encountered many CICs who, as a healthcare provider, mistakenly believe they have no requirement to be VAT registered. This is often incorrect. Far from being a new administration consequence, identifying VAT recovery routes can greatly assist with budgets and provide new financial savings.
HELPING PUBLIC HEALTH PROVIDERS
FREE VAT HELPLINE
You can contact our Free VAT Helpline 24 hours a day using the online form or email help@bbvat.co.uk