Friday, 26 February 2016

Cash-strapped hospitals ask for a £1.5bn rebate

Cash-strapped hospitals ask for a £1.5bn rebate 80 NHS trusts in England have written to local authorities claiming they are eligible for an 80% discount on business rates

Cash-strapped hospitals are trying to avoid paying taxes and win a £1.5bn rebate in a move that could have a major impact on the finances of local authorities.

At least 80 NHS trusts in England have written to local authorities claiming they are eligible for an 80% discount on business rates through a loophole in the tax system. The number of applications represents roughly half of the NHS acute trusts in the country. Continue reading... The Guardian

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