AR Tax Classification Code
(AR VAT rate) |
Departmental Project Set Up Form |
The Tax team, based on the ‘Purpose of the Project’ described by the department on the Departmental Project Set Up Form |
Determines the VAT rate charged on invoices to the Funder (if applicable). |
Tax Recovery Type
(Default recovery rate) |
Departmental Project Set Up Form |
The Tax team, based on the ‘Purpose of the Project’ described by the department on the Departmental Project Set Up Form |
Determines whether or not VAT can be recovered from HMRC on costs on the project |
Tax Activity Purpose
(Intended Use) |
Departmental Project Set Up Form |
The Tax team, based on the information about any medical aspect to the project provided by the department on the Departmental Project Set Up Form. |
Determines whether or not any project purchases can qualify for zero-rating under the medical research reliefs |
