- Speculation arose about the Chancellor removing VAT exemption for healthcare.
- A 20% VAT charge was considered, similar to private education.
- The expected £2 billion revenue promise is now denied by the government.
Source: vatcalc.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"
- Wes Streeting Rules Out VAT on Private Healthcare in Upcoming Budget
- VAT Exemption for Locum Doctors: Impact on NHS Trusts and Recruitment Agencies
- HMRC to Release Preliminary VAT Gap Estimate for 2024-2025 on November 26, 2024
- UK Chancellor Considers Adjusting VAT Nil-Rate and 5% Rate for 2025 Budget Funding
- Keir Starmer Faces Criticism for Not Ruling Out VAT Increase Amid £30bn Financial Gap