Vat Split Payments Proof of Concept
H M REVENUE & CUSTOMScontractContracts Finder ↗Ref Vat Split Payments Proof of ConceptSME suitablecomplete
Estimated value
£1.4m
Awarded value
£1.4m
Awarded 08 Oct 2023
Suppliers
1
Lots
1
1 awarded
Published
03 Nov 2023
Deadline 22 May 2023
Description
His Majesty's Revenue and Customs (HMRC) invited interested persons (Tenderers) to tender for a contract to develop a Proof of Concept (PoC) to illustrate how extraction of VAT from payments (split payment) on real-time payment channels could work.
Scope
- Reference
- Vat Split Payments Proof of Concept
- Total value
- £1,384,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 08 Oct 2023 to 31 Jan 2025
- CPV classifications
- 48110000 48170000 48441000 48442000 66110000 66151000 66170000 72220000 72230000 72240000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 22 May 2023, 1:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£1.4m
Award date
08 Oct 2023
Contract start
08 Oct 2023
Contract end
31 Jan 2025
Awarded to