VAT for charities
Event type: Mastercourse
Helping charities to minimise their VAT burden
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Date
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Location
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Price
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2 October 2012 - 14:00
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London - afternoon course
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Price: GBP 299.00 Members: £269.00 Corporate discount scheme: £239.00 + VAT on all prices
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Who will benefit
Charity officers and finance professionals who need to understand the impact of VAT on charities.
A recent study showed that charities suffer £1 billion in irrecoverable VAT every year - and this was before the effect of the rise in the standard rate to 20%. This course will equip you with the knowledge of how to minimise this burden on charities.
What you can gain
- An understanding of how charities in the UK enjoy wide exemptions from income tax, corporation tax, capital gains tax and inheritance tax, but suffer heavy taxation when they spend the money donated to them. This is because there is no wide-ranging exemption for VAT, only a number of specific reliefs, many of which are very narrowly targeted.
- Clarity on how charities should arrange their affairs to make the most of these reliefs, and the VAT pitfalls they should avoid.
Speaker Details
The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will relate the course content to real life case studies.
Outline
- The EU background and charity VAT law.
- Business and non-business activities.
- VAT and charity fundraising.
- Admission charges and supplies by charity shops.
- VAT reliefs on charitable expenditure.
- Zero rating and reduced rating of buildings and construction.
- Charities and listed buildings.
- Exemption of cultural and sporting activities.
- Health, welfare and education.
- VAT on international services.
The course will start at 2.00pm and end at 5.15pm. Refreshments are provided.
3 CPD hours (where applicable)
Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.
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