Vat Split Payments

  Address - United Kingdom

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 80843025

  Document Type - Tender Notices

Description - Description: Following the issue of a Request for Information on 16/07/2021, His Majestys Revenue & Customs ("HMRC") are considering running an Innovation Partnership with a single or multiple suppliers for the development of a proof of concept for t he extraction of VAT from payments ("Split Payment") on real-time payment channels and the connected provision of maintenance and consultancy services to (i) maintain the proof of concept over a specified period of time and (ii) to educate the market and policy makers on how the proof of concept works (the "End Services").This initiative proposes a first potential use for Split Payment in the UK tax sphere. A successful proof of concept could in

Gt Ref Id - 80843025

Deadline - Oct 28, 2023