HMRC has announced a temporary VAT Zero rate treatment which would remove a VAT cost on specific PPE items but that still leaves the VAT liability on gifts to be accounted for in the period to the 30th April 2020 on the value of such donated PPE equipment. Whilst this VAT liability will remain, the Government has announced that the value of VAT collected by HMRC on donated PPE equipment will be donated back to NHS Charities by HMRC.
Source: centurionvat.com
Latest Posts in "United Kingdom"
- UK Tribunal Rules Public EV Charging Qualifies for 5% VAT Rate, Impacting Industry Costs
- Tribunal Ruling Extends Reduced VAT to Public EV Charging: Impacts for Providers and Consumers
- HMRC Updates VAT Zero-Rating Export Evidence Requirements: Key Changes for Air, Sea, and Road Freight
- VAT: Tribunal Rules Cattle Care Is a Single Composite Supply, Not Separate Supplies
- Tribunal Rules Public EV Charging Qualifies for 5% VAT Under De Minimis Electricity Limit













