Within the NHS & Government organisations, VAT legislation is complex and time consuming. Whilst the NHS and Government organisations endeavour to identify and recover VAT under the specific contracted-out services rules, errors occur for a number of reasons resulting in over-payments.
We understand common issues and potential errors occur for a variety of reasons:
• Large volumes of purchase invoices processed
• High staff turnover
• Time pressures on staff
• Staff responsibility and role changes
• Legislation changes
• Large variety of goods and services purchased
• Wrong Interpretation of legislation
ECT VAT Services can assist with VAT compliance ensuring that, if required, a voluntary disclosure is completed and sent to HM Revenue & Customs to ensure that you maximise VAT recovery under the contracted-out services rules. Our VAT reviews are completed at the client’s site with minimal or no disruption and our visits can either be monthly, quarterly or every six months.
One of the important points that sets ECT VAT Services Limited apart from other companies within our industry is that our fees are up to half that of our competitors. Not only do you make huge savings from the VAT recovered but a further saving is made on the level of fees payable.