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In the charities and not for profit sector, VAT only
applies to business activities, so it’s often a challenge to work
out whether a particular course of conduct is classified as a business
or non-business activity.
If it is a business activity, is it subject to VAT or
exempt?
What are the conditions for zero-rated status to apply?
How much VAT can be reclaimed on purchases?
Certain activities by charities are zero rated? But which ones?
Some activities by non-profit-making bodies are exempt from VAT.
What’s the situation if there are profits?
What are the rules applying to construction projects (see Construction)?
We have the answers to these and many other related
questions - so for the answers, simply contact one of our VAT
consultants.
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