This page is a printable version of: https://www.iow.nhs.uk/about-us/our-finances/transparency/transparency.htm
Date: 30 May 2023

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Expenditure Over £25K

Publication of spend over £25,000

As part of the government’s commitment to improve the transparency of how public funds are used, central government is required to publish all expenditure over £25,000. HM Treasury has confirmed this requirement applies to all NHS bodies and as such the Trust must publish all expenditure invoices over £25,000.

Salary payments to staff are excluded from the scope of these disclosures, as are any invoices that are protected under the Data Protection Act.

A single invoice may be coded to multiple expenses areas and therefore an invoice amount that appears against an expense area may be below £25,000. Recoverable VAT has been excluded from publication.

As well as publishing this information on the Trust’s website this information is also published on the HM Government website: http://data.gov.uk

Further information can be obtained from https://www.gov.uk/government/publications/transparency-faqs