VAT Exempt

All posts tagged VAT Exempt

Plans afoot to remove valuable VAT exemptions for fee paying schools – are you ready?

by Berthold Bauer on October 26, 2023

With the 2024 Election looming and pundits appearing to forecast a landslide Labour win, the stated intention to add VAT onto private school fees is now something that Bursars and Governors should be taking very seriously.

With the fear of driving parents back into the state sector at the forefront of your minds, just adding 20% on top of term charges will not be a realistic option for most.

Berthold Bauer have a team of VAT experts with experience of providing VAT advice and support to schools, including independent fee paying schools, and can guide you through this uncertainty.

Cosmetic Treatments are VAT exempt medical services.. aren’t they?

by Berthold Bauer on October 13, 2023

A number of recent high profile VAT tribunal cases have been won by HMRC, who appear to be targeting clinics providing cosmetic procedures, and challenging those applying VAT exemption to these services. Businesses are urged to review the VAT treatment of impacted supplies and satisfy themselves that the VAT liability adopted doesn’t leave them at risk of challenge.