VAT Rate Reduction for Hospitality Sector
What's the Change? The Chancellor has announced a reduced rate for the hospitality sector. A 5% rate will apply from 15 July 2020 to 12 January 2021 on the following…
University of Cambridge Case – Bad News Ahead for Charity VAT Recovery ?
The European Court (CJEU) has given its judgement in the University of Cambridge case that was concerned with whether VAT incurred on the fees incurred on non business investment activity…
Hospice VAT: Change in Treatment of Continuing Care Income
After nearly 4 years of submissions HMRC have at last agreed that Continuing Care Funding provided under a contact to Hospices is outside the scope of VAT. This means that…
The language of VAT – when the VAT welfare exemption is bad news
One of the problems with VAT is that it uses terms that have a rather different meaning than they do with other taxes or just in normal English. Exemption is…
Electronic Advertising VAT : Is It one Rule for Charities and Another for Political Parties ?
One of the current hot topics with charity VAT is the treatment of electronic advertising and whether it can be zero rated. With a traditional advert such as an billboard,…