- HM Revenue & Customs (HMRC) is now subjecting some cosmetic procedures to VAT at 20%
- Organizations may face large VAT bills due to retrospective registration requirements
- Pricing/margin impact if treatments have VAT charged going forward
- HMRC is limiting the types of procedures that qualify for VAT exemption
- Procedures must be part of a healthcare treatment program to be exempt
- GP referral and medical records may be required to prove exemption
- HMRC has been successful in arguing that certain procedures are cosmetic and should attract VAT
Source: crowe.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- UK Considers 20% VAT on Private Hire Rides in Upcoming Budget
- VAT Beginner’s Guide: Essential Basics for UK Business Registration and Rates
- When Do You Have to Charge Yourself VAT? Key Situations Explained
- Supreme Court Clarifies VAT Group Rules and Time of Supply Interplay
- Isle of Wight NHS Trust vs HMRC: VAT Exemption Dispute on Locum Medical Practitioners
