CTG attacks HMRC for breaking promises over implementation of 20 per cent tax on direct mail

CTG attacks HMRC for breaking promises over implementation of 20 per cent tax on direct mail: "harities have been left unsure how to obey tax rules after HM Revenue & Customs failed to publish guidance explaining how it will implement changes in VAT on direct mail, the Charity Tax Group said today.

HMRC said last year that from the start of this month, charities would have to pay 20 per cent VAT on up to £400m of “single-sourcing” contracts for direct mail. Charities had previously believed these contracts were zero-rated for VAT."



'via Blog this'