VATplus Re-review Success

Liaison Financial has successfully partnered with a London Acute Trust to undertake VATplus re-reviews.

Liaison Financial has undertaken the re-reviews for the Trust for the last eight years now.

The Trust has always preferred one of the Big 4 as their primary advisors but has always relied on us to complete a secondary review and give them the assurance that all areas have been reviewed and all VAT efficiencies have been maximised.

In the last three years we have identified over £800,000 of additional savings whilst also ensuring the Trust remain fully compliant.

As part of our re-review the Trust receive a full audit of all VATable areas.

Due to the regular training we provide, year on year we have reported a reduction in the total amount identified. This demonstrates the additional value the Trust benefits from in addition to the savings achieved by having these reviews.