We are in challenging financial times due to the lack of Local Authority funding on top of the cost-of-living crisis nationally. VAT restructuring is a solution to recover input VAT for care homes on Local Authority and NHS-funded contracts. A short video below helps to explain the opportunity:
Care England hosted a webinar regarding VAT restructuring. The webinar recording which can be viewed below was aimed at raising awareness of how care home providers can restructure their organisations to enable VAT recovery on publicly funded contracts.
Kieran Lynch & Co, a highly regarded VAT specialist firm, provided an overview of the process and answered questions on this subject. They offer practical support and guidance and will work with you should you wish to look at opportunities for your organisation.
Not all local authorities and NHS bodies currently permit VAT recovery, however, close to 50% do, and as such we see a significant amount of additional funding which can be made available to your organisation to help offset some of the cost pressures providers are facing now. We believe that increasing the number of requests from providers will support the argument for VAT recovery in all local authority and NHS areas.
You can watch the recording from this webinar below
To watch Kieran Lynch’s latest webinar on VAT restructuring, please click here
To view the list highlighting Local Authority and NHS VAT Status (subject to change) please click here.
To see the list of FAQs from this webinar, and read the responses from Kieran Lynch & Co, please click here.
Contact details for Kieran Lynch & Co are set out below