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Kingscrest VAT Case Studies |
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Here is a selection of the most commonly asked questions. |
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The more commonly raised points have been detailed and answered below, however for any questions that are specific to your actual home, you are advised to contact one of our Care Home VAT Specialists direct on 01246 293011. |
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CASE STUDY 1 : Owner Operated Care Home-Closed in 2003
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Our client started the home in 1984 and managed the home themselves and accepted residents from a few Local Authorities. The home was refurbished in 1994 and significant Vat was paid to extend the home. The home was closed in 2003 due to the home not being compliant with the current standards. The owner changed the use of the home and operates it as a House with Multiple Occupation now. This did not stop the owner making claim even though they did not operate it as a Care Home now. The home was 100% residential and 80% local authority funded. |
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CASE STUDY 2 : Multi Site Group of Care Homes
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Our client built their group of purpose built homes in 1992 to 1995 and accepted residents from Local Authorities in different cities. There was No Vat on the build of these homes but still had significant spend on the Fit Out and running costs over the 9 year period. The homes were Nursing and Dual Registerd Homes and largely 90% local authority funded. The client was successful in making a claim even working with Local Authorities in different cities.
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CASE STUDY 3 : Ex Care Home Provider
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Our client converted an existing property into a care home and sold the care home to another operator in 2007. The original owner still retained the right of the claim and was able to make a claim due to the fact that between 1993 and 2002 they accepted residents from the local authority. The client was able to reclaim monies spent on Vat when converting the property originally and the runnning expenses bwteen 1993 and 2002.
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CASE STUDY 4 : Purchased Shares of the Care Home After 2002
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Our client purchased a group of homes after 2002 by way of Share Acquisition. Some of the Homes in the group operated between 1993 and 2002. They effectively purchased the right to make a claim as the previous shareholders of the company never made the claim beforehand. We were able to source the correct records as they were still in the home. The home now is predominantly privately funded but back in 1993-2002 the home started with a large percentage of Local Authority clients. This allowed us to make a successful claim on Input Tax.
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CASE STUDY 5 : Purpose Built Home-No Vat on Build
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Our client built the home in 1996 and paid NO Vat on the Build. They paid Vat on the Fit out and running costs for a 6 year period. The home was partly funded by the PCT and partly funded by the Local Authority. We were successful in reclaiming a significant percentage of the fit out Vat and the Vat paid on purchases whilst running the home.
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CASE STUDY 6 : Purchased the Care Home After 2002
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Our client purchased the home in 2005 by way of buying the asset. The home started trading in 1988 and was sold to our client in 2005. The previous owner effectively retains the right to make the claim. The new owner was still able to earn something by referring us to the previous owner. We were able to source the correct records from the previous owner with the help of the new owner as they had information in the home that was necessary to make the claim. The home has always had a significant number of local Authority clients. This allowed us to make a successful claim on Input Tax.
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Request a Call Back
Just give us your telephone number and a time to call you. |
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Still not sure about making this claim? |
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If you are still unsure about progressing your VAT refund, please take a few moments to look at some testimonials from Care Home operators who have made their Kingscrest claim and have received there money back. |
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survey service
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* based on successful claims after costs.
** when certain criteria are met. Please call us for details. |
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