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All income in connection with a qualifying fundraising event is exempt from VAT (and income or corporation tax). To qualify as an exempt fundraising

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Probably because the charity has limited or no income subject to VAT. Many charity activities are funded by grants and donations or are VAT-exempt

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For a transaction to be subject to VAT, it must normally meet both of the following conditions: It must be a supply of goods

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You must register for VAT if the turnover on taxable activities exceeds the VAT registration threshold. The VAT registration threshold from 1 April 2017

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The s33c VAT refund scheme applies to both VAT registered and unregistered eligible hospices, which must be palliative care charities, providing palliative care as

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Supplies of education and training are VAT exempt if they are made by an eligible body, otherwise they are standard-rated. Supplies of education and

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Where charities have members who have voting or other constitutional rights then a special VAT concession applies (‘ESC 3.35’). This allows the membership subscription

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Commercial marathons such as the London Marathon do not qualify for the fundraising event exemption, so any mandatory entry fee or minimum sponsorship target

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If a charity has no pre-existing agreement with either the donor or event organiser, and simply receives a donation from the participant or event

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Some fundraising events have no restrictions on what Gift Aid can be claimed as no or only very minor benefits are provided to participants.

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In general, for a VAT-registered business in the UK: sales of goods and supplies of services overseas are zero-rated purchases of goods from outside

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Some supply types from overseas count as a reverse charge purchase, where a UK VAT-registered customer must charge themselves VAT for the purchase and

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This determines the VAT treatment, and details are set out in the VAT Directive (2006/112/EC). If the place of supply is: the UK, then

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There are three corporation tax reliefs that are likely to be of interest to relevant arts charities: Theatrical productions tax relief Orchestral concerts tax

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Arts organisations often seek business sponsorship, for example, to sponsor a specific theatre production or gallery exhibition; to sponsor a new building or wing;

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Many arts organisations use patron, friends’ or supporter schemes to obtain financial support. Supporter schemes are often structured as different packages (e.g. “gold”, “silver”,

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Under this scheme museums and galleries can claim a refund for VAT incurred in providing free rights of admission. Organisations must apply to join

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Gift Aid rules do not allow Gift Aid to be claimed on donated goods, only on monetary donations, which are grossed up by 25%.

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