The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marked the end of the Brexit transition / implementation period entered into following the UK’s withdrawal from the EU. At this point in time, key transitional arrangements came to an end and significant changes began to take effect across the UK’s VAT and customs regime. This document contains guidance on subjects potentially impacted by these changes. Before continuing your research, see the Brexit — overview guidance note.
Please note that eligible NHS bodies will provide the majority of their healthcare services under statutory regulation and these activities are treated as non-business activities for VAT purposes. This guidance note deals with the VAT treatment of business activities undertaken by these types of organisations. Please see the NHS bodies ― recovering input tax incurred on business and non-business expenditure guidance note for more information.
This note should be read in conjunction with the Welfare services, Doctors, Dentists and Pharmacists guidance notes.
Hospitals and health institutions can exempt the following activities:
the provision of care or medical or surgical treatment
the supply of any goods connected with the provision of the above
In order to qualify for exemption for its supplies, the hospital or other institution must be approved, licensed, registered or exempted from registration by any Minister or other authority under a provision of a public general Act of Parliament, the Scottish Parliament or equivalent NI legislation with the exception of a provision that is capable of being brought into effect at different times in relation to different local authority areas.
The exemption covers the following types of institutions:
hospices and nursing homes which are approved, licensed or registered under the relevant social legislation (or exempted from the need for such approval or registration by relevant legislation)
any other state-regulated institution providing medical care
The exemption is applicable to activities undertaken by one of the above institutions on a commercial or charitable basis.
The exemption also applies to a state-regulated pathology
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.
Access this article and thousands of others like it free for 7 days with a trial of TolleyGuidance.
Read full article
Already a subscriber? Login
Income and gains may be taxable in more than one country. The UK has three ways of ensuring that the individual does not bear a double burden:1)treaty tax relief may reduce or eliminate the double tax 2)if there is no treaty, the individual can claim ‘unilateral’ relief by deducting the foreign tax
Time for paymentTwo statutory rules apply on death:•tax is ‘due’ six months after the end of the month of death and carries interest from the ‘due’ date until paidThere is a possibility of payment by instalments, but this applies to certain types of property only ― see the ‘Availability of
Duty to prepare trust accountsUnder the laws of England and Wales, trustees have a duty to account to the beneficiaries for their financial administration of the trust fund. This duty is established by a substantial body of case law. In the case of Armitage v Nurse, Millett LJ stated:“Every
This guidance note provides an overview of what conditions need to be met before a business is entitled to treat VAT incurred as input tax. This note should be read in conjunction with the other notes in the ‘Claiming input tax’ subtopic. For a flowchart outlining the procedure for claiming input
To view our latest tax guidance content, sign in to Tolley Guidance or register for a free trial.