EAPG Birmingham Workshop Wednesday 19 March 2008
10.00am - 12.30pm
A survey of the key issues charities must consider, including:
- lack of staff continuity, training and resources
- poor permanent records
- considering the potential payoff of VAT loss versus the cost of compliance
- The complexity of the tax: how to face liability of income and expenditure, issues with subscriptions and membership fees, grants an contracts
- ‘If in doubt, charge VAT’: the big culprits
- HMRC’s attitude, and the implications for charity
- Managers and VAT. Manuals, reports, reviews: what works and what wastes money