Merger of PSTAX and CRS VAT

Merger of PSTAX and CRS VAT

The Directors of LAVAT Consulting Limited (T/A PSTAX) are delighted to announce the intention to merge with leading NHS VAT specialist firm CRS VAT Consulting Limited. The businesses will continue to run independently but under common ownership up until 31 March 2019, after which the integration will be complete.

CRS has been providing high quality VAT services to the NHS since 2002. With a Head Office in Old Bailey, London, and ten professional staff, CRS has built a significant NHS Trust client base providing VAT Review and Advisory services, HMRC Business Methods Approval and VAT Training to over sixty NHS bodies throughout the UK.

Managing Director, Chris Silk has welcomed the merger, stating:

“Coming together with the fastest growing tax consultancy in the public sector was always an attractive option due to the compatibility of the firms and the huge potential for growth within the market. As a single firm, we can compete with anyone in the market place in delivering high quality professional tax services to a complete range of public bodies. The scale of the new business will help us attract and recruit the very best staff and we confidently anticipate becoming the UK’s largest specialist public sector tax business in the near future.”

Managing Director, Chris Silk

Our local authority, police, fire and other client organisations can be assured of ‘business as usual’ whilst the operational aspects of the merger are continuing. By the start of the next financial year, our current offering to clients, including PSTAX Club members, will be enhanced as a result of:

  • Experience of Section 41 of the VAT Act which is relevant when considering transactions and partnership arrangements involving Health bodies, for example the Better Care Fund.
  • Greater levels of skilled and experienced resource.
  • Access to a Central London office for client meetings and training events.

To thank you for your continued support and commitment, we would like to invite you to join us at a launch event on 11 October 2018 to be held at the QEII Conference Centre, Broad Sanctuary, Westminster, London SW1P 3EE, from 2pm to 5pm. In addition to our delivering some key technical presentations (details to follow shortly), there will be an opportunity to meet Chris Silk and some of his team members. After the presentations we would encourage you to join us for light refreshments and drinks. 

The running order on the day will be:

  • 14.00 Registration with tea/coffee
  • 14.45 Welcome and introduction – Peter Gladdish, Chair
  • 15.00 Tax Compliance in the Public Sector – Keynote speaker, Dave Cannon, the Police and Fire Sector Compliance Manager from HMRC’s Public Bodies Group, will address the audience on the subject of tax risk in the public sector. He will advise how HMRC structures its compliance teams to ensure that all sub-sectors are covered; discuss up to date strategies for identification of tax risk and give examples of how inconsistencies in practices can arise and be ironed out through a targeted approach.
  • 15.40 The Impact of Tax on Critical Issues for the NHS – Chris Silk will explore to what extent taxation plays a role in the critical issues currently facing the health sector, comparing with other sectors where appropriate.
  • 16.10 Improving the Value from Staffing Costs – Duncan Groves will discuss how public sector entities have sought to squeeze more value from less staff cost and debate how effective these ideas are, or have been, taking account of potentially unbudgeted tax related liabilities.
  • 16.40 Thoughts from the Chair – Peter Gladdish will round up the afternoon with an explanation of the thought processes behind the merger of PSTAX and CRS.
  • 17.00 End to Presentation – an opportunity to meet the CRS team, with hot and cold buffet, wine and soft drinks provided.
  • 18.00 Close

There will be no charge for this event, but places are limited and will be allocated on a first come, first served basis. If you would like to attend, please email emily.collier@pstax.co.uk. We look forward to seeing you there. 

If you have any questions please speak to your usual PSTAX contact or give Louise a call on 07876 718114

Peter Gladdish

Duncan Groves