Since VAT refunds for eligible contracted-out services (COS) were introduced, the NHS has paid out millions of pounds in fees each year to external consultants to carry out routine checks on COS claims. This is a basic function which was always intended to be carried out in-house.
RSM Tenon has created 4COS, which is a software solution specifically designed to address this, returning control to the NHS and saving time and money in the process.
Why 4COS?
The software detects COS errors automatically and is designed for both underclaims and overclaims. It is cost-effective, efficient, comprehensive and objective as well as VAT compliant.
Click here to find out more about our services to the health sector here.
Alternatively you can contact the 4COS VAT team for a software demonstration.