# Vat Split Payments Proof of Concept

> A sourced UK public sector contract award published by H M Revenue &amp; Customs.

## Key facts

- Buyer: [H M Revenue &amp; Customs](/buyers/h-m-revenue-customs/contract-awards)
- Supplier: [MCKINSEY &amp; COMPANY INC UNITED KINGDOM](/suppliers/mckinsey-company-inc-united-kingdom/public-sector-contract-awards)
- Award value: £1,384,000
- Tender value: £1,384,000
- Award date: 9 October 2023
- Published: 11 December 2023
- Contract start: 9 October 2023
- Contract end: 31 January 2025
- Stage: awarded
- Procurement category: services
- Notice ID: ce8b1f87-d9a1-4936-ae0d-4b07bda993b5-705812
- OCID: ocds-b5fd17-8707479f-e190-4533-8b18-aea294c2940d

## 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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/ce8b1f87-d9a1-4936-ae0d-4b07bda993b5-705812)
