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Charity VAT win
By David Ainsworth, Third Sector Online, 11 July 2008
Charities involved in non-business activities should be able to use VAT saving schemes when renovating property, according to a new tribunal ruling.
The tribunal ruled that Whitechapel Art Gallery should be able to spread over 10 years the VAT cost of its £10m renovation project, at the former Whitechapel library above Aldgate East station. In the past, HM Revenue and Customs has said a VAT saving scheme is available to charities if...
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