Care Home - Corporate Structure for VAT reclaim

I've come across an old posting relating to a Scheme whereby Care Homes (who are VAT exempt) can set up a new intermediary company to allow VAT to then be reclaimed on some / all of their input supplies.

http://www.accountingweb.co.uk/anyanswers/care-home-vat#comment-458024

Can anyone shed a bit more light on this, or point in the right direction for further advice on this.

 

Many thanks

 

 

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I'm only guessing...

George Attazder |
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