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VAT and Government Departments Martin Kaney

VAT and Government Departments By Martin Kaney

VAT and Government Departments by Martin Kaney


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Condition - Very Good
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Summary

A reference manual and a practical guide for those managing VAT in Government Departments, their advisers and key suppliers. The book is based on published HMRC and Treasury guidance and policy and on current case law and legislation in force as at 30th April 2015.

VAT and Government Departments Summary

VAT and Government Departments by Martin Kaney

VAT and Government Departments is a reference manual and a practical guide for those managing VAT in Government Departments, their advisers and key suppliers. Government Department VAT has recently been the subject of an HMRC consultation and review with new guidance published in 2015 (consolidated with revised NHS guidance).

Public sector organisations must be registered for VAT where they engage in economic activities, especially where there is any competition with the private sector.

There are special rules for Government Departments (and the NHS) under section 41 VAT Act 1994 known as the contracted-out services or COS rules (in relation to non-business activities) and Value Added Tax itself, governed by the VAT legislation (in relation to business activities). To understand VAT in a Government Department context it is essential to understand the fundamental duality in the tax in relation to the public sector. This is often overlooked and because in certain situations VAT can apparently be recovered in both contexts COS eligibility to recover and input tax entitlement on VAT incurred can be confused.

Many of the areas covered in the text are complex in themselves and VAT and Government Departments does not attempt to examine all possibilities in all circumstances or to reproduce the full technical guidance or statute. The objective is to identify all of the issues in the tax relevant to Government Departments and in a logical analysis, explain these from a compliance perspective and in relation to the organisational activities of Government Departments (providing further references where appropriate if more detailed information is required).

VAT & Government Departments is based on published HMRC and Treasury guidance and policy and on current case law and legislation in force as at 30th April 2015.

About Martin Kaney

Martin Kaney is the founder and Director of the online VAT resource, X-VAT.

He has over 30 years' experience in the tax including 8 years with HM Customs & Excise in VAT control and enforcement (with 4 years as a fraud and money laundering investigator in the Investigation Division) and various senior roles with Liaison, RSM Tenon and latterly, Deloitte.

He is a graduate of Edinburgh University, a member of the VAT Practitioners Group, a council member of the Gerson Lehrman Group, a provisional member of the Expert Witness Institute and an associate member of the Healthcare Financial Management Association, as well as holding an external law degree from Strathclyde University.

Additional information

GOR013495323
9781907444098
1907444092
VAT and Government Departments by Martin Kaney
Used - Very Good
Paperback
Spiramus Press
2015-07-30
176
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - VAT and Government Departments