In order to help further trusts which are not considered digitally advanced to reach a core level of digital infrastructure, NHSX chief executive Matthew Gould has indicated that approximately twenty trusts will receive additional funding to improve their digital maturity this year.
Speaking at the HSJ’s Digital Transformation Virtual Series event recently, Mr Gould stated that the cash injection under the Digital Aspirant programme would provide a multi-year commitment to funding to encourage transformation in areas including – as existing recipients have done – electronic patient records, standard IT equipment, and moving to a cloud-first approach.
Liaison Financial’s Head of Tax, Kenny Lee, says: “Long-term digital investments are essential for ensuring the ongoing growth and development of the NHS, and as such, effective VAT planning at the outset of such a project is vital and can ensure the funding stretches as far as possible to benefit NHS organisations.”
To find out more or discuss an upcoming capital project, please speak to one of Liaison Financial’s VAT experts at firstname.lastname@example.org, or telephone our NHS VAT Helpline on 0800 700 652.
Liaison Financial also holds regular webinars covering a variety of VAT-based subjects specifically for the NHS; for details of upcoming webinars, including our new monthly NHS VAT update webinars, please visit our Webinars page.