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Vat Split Payments Proof of Concept

H M Revenue & Customs

Awarded
services
SME-friendly

This tender has closed

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Key details

Contracting authority
Region
Salford
Delivery: United Kingdom
Contract value
£1,384,000ex VAT
Submissions closed
22 May 2023
Published
11 December 2023

Procurement

Contract period
9 October 2023 - 31 January 2025
1 years
Procedure type
Open procedure (above threshold)
CPV classifications
  • 48110000 Point of sale (POS) software package
  • 48170000 Compliance software package
  • 48441000 Financial analysis software package
  • 48442000 Financial systems software package
  • 66110000 Banking services
  • 66151000 Financial market operational services
  • 66170000 Financial consultancy, financial transaction processing and clearing-house services
  • 72220000 Systems and technical consultancy services
  • 72230000 Custom software development services
  • 72240000 Systems analysis and programming services

What happened

H M Revenue & Customs awarded this contract to MCKINSEY & COMPANY INC UNITED KINGDOM worth £1,384,000 on 9 Oct 2023. The contract runs until 31 Jan 2025.

Description

His Majesty's Revenue and Customs (HMRC) invited interested persons (Tenderers) to tender for a contract to develop a Proof of Concept (PoC) to illustrate how extraction of VAT from payments (split payment) on real-time payment channels could work.

Awarded supplier

Supplier
MCKINSEY & COMPANY INC UNITED KINGDOM
Companies House: FC012665
Award value
£1,384,000
Award date
9 October 2023

Contact

Address
1st Floor East, Trinity Bridge House, 2 Dearmans Place, Salford, M2 5BS
Contact name
James Power

Identifiers

Buyer reference
Vat Split Payments Proof of Concept
Notice ID
ce8b1f87-d9a1-4936-ae0d-4b07bda993b5-705812
OCID
ocds-b5fd17-8707479f-e190-4533-8b18-aea294c2940d

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External ID: cf-ocds-b5fd17-8707479f-e190-4533-8b18-aea294c2940d • Added 4 October 2026