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Reclaim VAT before it's too late, charities urged
By Ben Cook, Third Sector Online, 25 January 2008
Charities that believe they overpaid VAT between 1973 and 1996 have been advised by tax experts to make repayment claims immediately in the wake of a House of Lords ruling.
Gerry Myton, a VAT expert at accountancy firm PKF, said there was likely to be a “six-month window of opportunity” in which charities could claim for overpaid VAT after the Lords ruled on the Condé Nast v HM Revenue & Customs case on 23 January. VAT was introduced to the...
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