In the past year, Wyse have undertaken a review of the VAT Status for Print within a university. The outcome was for them to change their recharging mechanism and save over £50,000 per annum. This piece of work had a payback for them of 4 months.
Wyse Solutions VAT Mitigation for Print, Copying, Document Production and Procurement ...
Given our experience, we are well positioned to advise on how to design and optimise business processes to mitigate the impact of VAT. This is of course an extremely complex area, but our advisors are on hand to offer guidance to reduce the impact of VAT, particularly relating to organisations with charitable status.
In another case, Wyse Solutions helped reduce a specific Higher Education institution's VAT bill by over £80,000.