Guidance on charity VAT refund scheme

HM Revenue and Customs has issued ‘VAT Notice 1001: VAT refund scheme for certain charities’. It only applies to those who fall under ‘qualifying charity’ criteria in section 33D of the VAT Act 1994 – charities dealing with palliative care, air ambulances, search and rescue, medical courier charities. The list was extended in the recent 2015 Budget.

Continue reading Guidance on charity VAT refund scheme

Eclectic set of 2015 vision articles

Resolutions for not-for-profits (from Ireland), outlook for 2015 from CAF chief exec, and some 2015 VAT tips.

Our favourite Ireland-based consultant comes up with a few New Year resolutions which could prove fruitful for voluntary organisations, at http://www.whitebarn.info/s/not-for-profit-resolutions. Topics covered include legislative compliance (the precise laws of course differ in the UK but same principles apply), clarifying structure, going for transparency and no more meeting madness.

Continue reading Eclectic set of 2015 vision articles