United Kingdom
Partnership practices
A number of new initiatives have been launched by central Government over recent years and most of them are reliant on some form of joint working or partnership. The membership of these partnership programmes is wide and can include local authorities, police authorities, NHS Trusts, local businesses, charities, etc.
The resulting array of funding and spending by the various bodies has raised VAT issues that form the base of a number of the enquiries we receive. As a result of the experience and expertise gained through working on these initiatives, we know just how critical it is to have VAT advice at an early stage to ensure that any project will meet its financial liabilities.
Benefits to your organisation
- Assurance that an appropriate structure is VAT-efficient while complementing operational requirements
- Assurance that relevant tax issues have been considered
- Assurance that any partial exemption issues have been properly considered
- Identification of irrecoverable VAT
Our specialist services include
- Advice on partnership structure and VAT consequences
- Identification of opportunities to reduce VAT costs and improve VAT recovery
- Identification of VAT planning structures, where appropriate
- Consideration of other relevant tax issues if required
Find a partner
To find out more you can also contact your local BDO adviser.