Peter Jenkins and David Neal of Ernst & Young LLP look at the current VAT pitfalls and opportunities that arise in the area of charity fundraising
Peter Jenkins and David Neal of Ernst & Young LLP look at the current VAT pitfalls and opportunities that arise in the area of charity fundraising
Charities use a wide variety of different methods to raise money to aid the good causes they exist to promote but a lack of forethought can lead to VAT impacting in undesirable ways. There is no general relief from VAT for charities although a number of specific reliefs are intended to enable charities to gain the most benefit from moneys that they raise and spend.
However it should be a major priority of charities to ensure a...
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Peter Jenkins and David Neal of Ernst & Young LLP look at the current VAT pitfalls and opportunities that arise in the area of charity fundraising
Peter Jenkins and David Neal of Ernst & Young LLP look at the current VAT pitfalls and opportunities that arise in the area of charity fundraising
Charities use a wide variety of different methods to raise money to aid the good causes they exist to promote but a lack of forethought can lead to VAT impacting in undesirable ways. There is no general relief from VAT for charities although a number of specific reliefs are intended to enable charities to gain the most benefit from moneys that they raise and spend.
However it should be a major priority of charities to ensure a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
