Non Profits: New VAT guidance on grants and contracts
HMRC has issued its latest VAT guidance on grants and contracts after a long period of review.
There can be no definitive rules in respect of grants and contracts and this is just HMRC guidance which cannot cover every possible scenario, however, there is certainly better commentary in respect of:
- payments from public funds
- factors for indicating a contract
- what constitutes a supply
- European grants.
Our free one hour seminar will include a discussion and update on this recent guidance. It will also be an opportunity for you to feedback your thoughts on the guidance which we can pass to HMRC.
The full guidance
The full guidance is contained in HMRC manuals VATSC 51620-53530. Please note that some aspects of it are yet to be accessible.
Please contact us for further information.
There is no cost to attend this event.
For further information, please contact Julie Cason.
St. Bride’s House
10 Salisbury Square
London EC4Y 8EH