Irit Herzenshtein VAT partner at PKF (UK) LLP comments on the Church of England Children's Society VAT case which has brought some good news for the charity sector
Business Brief 19/05 has recently been published and it has brought some good news for the charity sector. The brief confirms that HMRC will not appeal the decision of the High Court in the Church of England Children's Society VAT case. This opens the way for charities to reclaim VAT on costs related to fund-raising at least in part which would otherwise have been irrecoverable. The High Court decision published on 29 July 2005 favoured the charity and the consequences of the decision may be more far-reaching than originally anticipated. The decision opens the door to recovery...
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Irit Herzenshtein VAT partner at PKF (UK) LLP comments on the Church of England Children's Society VAT case which has brought some good news for the charity sector
Business Brief 19/05 has recently been published and it has brought some good news for the charity sector. The brief confirms that HMRC will not appeal the decision of the High Court in the Church of England Children's Society VAT case. This opens the way for charities to reclaim VAT on costs related to fund-raising at least in part which would otherwise have been irrecoverable. The High Court decision published on 29 July 2005 favoured the charity and the consequences of the decision may be more far-reaching than originally anticipated. The decision opens the door to recovery...
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:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")