On Tuesday 10 June, Socrates Socratous, Partner and Head of VAT Consultancy joined Charity Tax Group (CTG) for a webinar focused on helping charities understand the VAT implications of non-business activities.
Unlike exempt or zero-rated income, non-business income falls entirely outside the scope of VAT, which can restrict a charity’s ability to recover input tax. However, the line between business and non-business activities isn’t always obvious, especially where grants, contracts, and mixed-use income streams are involved.
In this session, Socrates broke down:
- How to determine whether income is business or non-business
- The two stage test now applied by HMRC
- Examples of how the rules are being applied in practice
- What the distinction means for VAT recovery and partial exemption
Whether you’re reviewing your organisation’s VAT position or preparing for a challenge from HMRC, this webinar offers clear, practical guidance on a notoriously grey area.
Watch the full recording and download the slides on CTG’s website: Events - Charity Tax Group
On Tuesday 10 June, Socrates Socratous, Partner and Head of VAT Consultancy joined Charity Tax Group (CTG) for a webinar focused on helping charities understand the VAT implications of non-business activities.
Unlike exempt or zero-rated income, non-business income falls entirely outside the scope of VAT, which can restrict a charity’s ability to recover input tax. However, the line between business and non-business activities isn’t always obvious, especially where grants, contracts, and mixed-use income streams are involved.
In this session, Socrates broke down:
- How to determine whether income is business or non-business
- The two stage test now applied by HMRC
- Examples of how the rules are being applied in practice
- What the distinction means for VAT recovery and partial exemption
Whether you’re reviewing your organisation’s VAT position or preparing for a challenge from HMRC, this webinar offers clear, practical guidance on a notoriously grey area.
Watch the full recording and download the slides on CTG’s website: Events - Charity Tax Group
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