Tender Details

Country: United Kingdom
Summary: Vat Split Payments
GBT Ref No: 73998501
Deadline: 18 Nov 2022
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: SR977701801
Purchaser's Detail:
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Description:
Title : Vat Split Payments
Location Of Contract : United Kingdom
Industry : Banking services - 66110000 Financial consultancy, financial transaction processing and clearing-house services - 66170000 Information systems or technology strategic review and planning services - 72222000 Software integration consultancy services - 72227000 Custom software development services - 72230000 Systems analysis and programming services - 72240000 Software-related services - 72260000 Experimental development services - 73120000
Description : Following the issue of a Request for Information on 16/07/2021, His Majesty's Revenue & Customs ("HMRC") are considering running an Innovation Partnership with a single or multiple suppliers for the development of a proof of concept for the 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 turn underpin a positive invest...
Documents:

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Vat Split Payments - Uk Tender

The H M REVENUE & CUSTOMS, a Government sector organization in United Kingdom, has announced a new tender for Vat Split Payments. This tender is published on UkTender under GBT Ref No: 73998501 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2022-11-18.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.