Why Charities Pay Too Much VAT

Venue: BNB Tax Consultants, Union Chambers, 63 Temple Row, Birmingham. B2 5LS
Start: 19/03/2008 - 10:00
End: 19/03/2008 - 12:30
Organiser: European Association for Planned Giving
Fee:
Tel: 01622 859356
Email: sue@plannedgiving.org.uk
Website: European Association for Planned Giving (EAPG)

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