Wednesday, October 05, 2011

Proposed VAT exemption on shared services won't help, sector bodies say - Third Sector

Proposed VAT exemption on shared services won't help, sector bodies say - Third Sector: A proposed change in tax law intended to make it easier for organisations to share services is of little use to the charity sector, according to an alliance of national bodies.

An HM Revenue & Customs consultation closes today on implementing an EU exemption designed to allow charities and other businesses that cannot recover all their VAT to collaborate more effectively.

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