Tue Sep 25 BST (about 3 years ago)
In your timezone (EST): Tue Sep 25 12:00am - Tue Sep 25 12:00am
Hartwell House, 55-61 Victoria St, Bristol BS1 6AD, UK
Charities are subject to VAT just like any other organisation. However, unlike other organisations, many charities undertake activities that are either exempt from VAT or outside the scope of VAT, which means that they cannot reclaim VAT costs on purchases. There are a number of exemptions that may be available if your organisation meets certain conditions. VAT knowledge and planning is crucial to minimising irrecoverable VAT and budgeting for remaining amounts that can't be recovered.
For many charities, raising income through trading activities has become an increasingly important source of revenue. However, there are certain restrictions that can apply and charities may still be liable for tax depending on the nature and level of activity.
This conference will begin with current issues around charity VAT and trading, and will continue with topics such as fundraising and zero-rated activities, partial exemptions and recovery, using a trading subsidiary, as well as the latest VAT updates and developments.
Tax Director VAT, RS
Charity VAT Partner, Saffery Champness
VAT Director, Centurion VAT