We're proud to announce that Kieran Lynch & Co have accepted an invitation from representative body Care England to become Gold Partners in the our area of expertise; VAT Contract Restructuring.
Our Managing Director, Jock Waugh said: “We are delighted to be partnering with Care England on this extremely valuable area to the sector.”
The benefits of VAT restructuring in the provision of publicly funded social care services are that, while being cost-neutral to the funding body, the arrangements help support care provider viability by sustaining provider cashflow.
In essence, by assigning contractual responsibilities to a non-regulated associated VAT group member, a care provider can claim back VAT for costs associated with providing care for a publicly funded individual.
Ian Sutton, Kieran Lynch & Co Business Development Director said: “Care England have an in depth understanding of the value and necessity of this opportunity to care providers. We look forward to working with their members and contacts across the sector in delivering much needed cashflow.”