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VAT reclamation helpline set up by NCVO
By David Ainsworth, Third Sector Online, 9 February 2010
Service will be free to small charity members of the umbrella body
The NCVO has launched a new helpline for members with the express intention of increasing the amount of VAT reclaimed by small charities.
The umbrella body will work with accountancy firm Saffery Champness to offer support and advice to member charities.
The service will be free to NCVO members with incomes of less than £100,000 and provided at a discounted rate to other members.
Richard Williams, director of enterprise at NCVO, said: "Britain's VAT rules are extremely complicated, so many charities lose vital funds because they simply don't realise they are entitled to reclaim all or parts of some VAT payments."
For more information, email: charityvat@saffery.com.
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Judith Harrison, 17 February 2010, 14:57
A lovely idea, charities hace horrendous VAT problems in comparism with normal commercial organisations. Hoever the £100k limit is far too low bearing in mind that the VAT registration limit is £68K
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