Care Homes and The Kingscrest VAT Recovery Scheme
By challenging the legal terms for ‘provision of care, medical and surgical treatment’ the Residential Home partnership called Kingscrest succeeded at High Court in overturning the exemption that HM Revenue and Customs applied to the Care Home sector.
Kingscrest argued that they supplied residential accommodation with broad and personal care to persons in need as opposed to directly supplying medical or surgical treatment, such as that supplied in a hospital or other approved institution, which includes convalescent homes and clinics.
The Law was later changed to re-impose the exemption but what Kingscrest achieved was to enable Care Home owners to backdate a VAT registration from 1st Janaury 1993 until 21st of March 2002 (when the Law was changed), account for VAT on their supplies to the Local Authority which significantly then allowed them to recover VAT on expenditure. Some of these claims can amount to substantial sums.
VAT SOLUTIONS assesses the viability of your claim, negotiates with the Local Authority and prepares all aspects of your claim.
We operate on a completely contingent basis, so we only charge fees when you have received your payment.
With a proven track record of many successful claims we would be more than happy to discuss the potential for improving cash flow for your Home.