Charities

“We must care for each other more, and tax each other less”
– Bill Archer.

The forthcoming change in vat rate will have a two-fold impact on charities. Donations will be down as everyone’s money will be having to stretch a little further, and, as charities do not benefit from any broad VAT exemption on costs incurred, the cost of goods and services purchased by the charitable body will increase.

However, there is some light at the end of the tunnel. One of our healthchecks will highlight where your charity has scope to:

1. make purchases of property without paying any VAT
2. make zero rated supplies
3. make cost benefits on previously unrecoverable VAT

Through our detailed knowledge of this area we have secured significant savings in the last few year, improving the vat accounting of charities involved in historic preservation trusts, family and local community organisations, as well as national charities.

“The VAT Consultancy's contribution has been invaluable to us. Over the years, we've dealt with a number of different people on quite a variety of different VAT subjects and, including you of course, all have been highly professional and incredibly helpful. It really has been a great pleasure dealing with you”
Paul Clark, The Bible Society