VAT savings for Charities

Over the years, we have advised many charities and not-for-profit organizations. In our experience, many pay more VAT than they need to.

The most common areas leading to overpayment are:

Non Business Use of Assets

If you have incurred VAT on the purchase of an asset which you intend to use for non business purposes, we may be able to mitigate the VAT cost incurred.

Liability of Income

The VAT liability of donations and grants is a highly complex area and one which causes an awful lot of headaches. We can assist you in determining the correct liability of income streams and advise on the impact of this position.

Cultural Exemption

Some activities undertaken by a charity may qualify for exemption as a cultural service. We can advise on this issue and, if appropriate, assist with any refund claims.

If you have a particular issue, or are simply wondering whether you may be among the many  charities who are paying too much VAT, please call Steve Botham on 0845 643 5450 for a free initial discussion.