002668 British Library Taxation Services

The British Library is seeking supplier/s for Taxation Services. The British Library is an exempt charity which operates charitable, ancillary and commercial services and therefore has a complex tax position which allows it to benefit from section 33(A) VATA 1994 against a number of its services.

The British Library annually reviews the option of setting up a wholly owned trading company for its commercial operations to manage the corporation tax position. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Tax... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/H4HY65DR42

The primary requirements in this area will be to: Advise on the potential Corporation Tax treatment and implications of the Library’s current and future operations and provide solutions to mitigate the Library’s taxation risk and minimise Corporation Tax liability Assist in the submission of the annual Corporation Tax return which includes allowances for Exhibition Tax relief, as calculated by Library staff Provide iXBRL tagging services in relation to the Library’s accounts Assist in the submission of our Qatar withholding tax reclaim, as calculated by the Library staff Ad-hoc advice may be requested in relation to ancillary tax issues relating to matters such as: Land and Property The advent of new legislation Other specific transactions We anticipate the fee proposal for the production and submission of the corporation tax return, including review of our MGTER workings and undertaking of iXBRL tagging, to be fixed annually, subject to any significant changes to the scope of the engagement. We request a fee proposal for the year ended 31 March 2026, alongside a rate card for other ad-hoc advisory services if required.

The Library has a complex mixture of non-business activities, activities for which input tax is recoverable under s33a of the 1994 act, taxable and exempt activities. The library is currently awaiting formal approval of a revised Partial Exemption Special Method.

It is anticipated that this will be in place ahead of the commencement of a contract awarded under this tender. The primary requirements in this area will be to: Maximise the level of VAT recovery whilst ensuring compliance with current rules and legislation in the spirit it was intended.

Advise on the VAT treatment of new transaction types when these arise to ensure accurate returns and partial exemption calculations Ad-hoc advice may be requested in relation to ancillary tax issues relating to matters such as: Partial Exemption The advent of new legislation Distance selling and Mini One Stop Shop Import/Export arrangements post the EU exit Other specific transactions We anticipate the fee proposal for the work in this area to be based on a time/rate basis. We request a rate card for ad-hoc advisory services as required.

The primary requirements in this area will be to: Advise on the application of employment taxes and any changes in legislation, e.g. IR35. Ad-hoc advice may be requested in relation to ancillary tax issues relating to matters such as: The advent of new legislation Other specific transactions We anticipate the fee proposal for the work in this area to be based on a time/rate basis. We request a rate card for ad-hoc advisory services as required.