During another very different year we continued to flex our CRS programme to mirror both our needs and those of the local community … Read more
Organisations providing hostel accommodation should take note of the outcome from City YMCA London’s First Tier Tribunal … Read more
Sign up now for our Academy VAT and Tax workshop this January 2022 … Read more
130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
As discussed in the webinar, with the impact of Brexit, the distortion of ‘normal’ activities due to COVID-19, the requirements of MTD, and ongoing case law, now may be a good time to consider a VAT health check to ensure your charity is both VAT complaint and maximising any opportunities to mitigate VAT where possible.
If you’re in need of additional support, a VAT review undertaken by our Charity VAT specialists might be helpful.
Every charity will have its own specific circumstances and hence a more targeted approach should be considered. If you’re in need of additional support, a VAT review undertaken by our Charity VAT specialists might be helpful.
Areas normally considered during a review include:
Ultimately every review is tailored to the activities of your charity and will include any specific areas that you bring to our attention. We can also consider the VAT accounting audit trail and whether it will comply with the requirements of MTD from 1 April 2021.
A report setting out our findings and recommendations is prepared once the review process is completed. In addition, where required, the review can be followed up with bespoke VAT training for relevant staff and manuals or guidance notes to assist with ongoing compliance.
VAT consultancy for charities
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Socrates Socratous
Tax planning and advice for charities
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Managing charity property in partnership with Stone King and Gerald Eve
15 December 2020
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