Practical VAT Tax Savings Tips Seminar

Thursday, 5 Jun 2014, 08:30 - 13:45

Overview

This event is kindly sponsored by:

 

Charities are generally subject to the same VAT rules as any other organisation. However, unlike other organisations, many charities provide services that are either exempt from VAT or outside the scope VAT, which means that they cannot reclaim VAT costs on purchases. It is estimated that irrecoverable VAT costs charities between £400 and £500 million a year, and this has a direct effect on your charity's surplus.

There are a number of VAT reliefs and exemptions available specifically for charities, subject to certain conditions and restrictions. Navigating your way around these rules and how it might apply to your charity is not always easy. Based on member feedback, CFG has replaced the annual Tax conference with two half day seminars, focusing on practical tax issues affecting finance professionals and their advisers. This first half day event will give you an understanding of the different methods available for reclaiming VAT on purchases and how your charity might be able to take advantages of these reliefs and exemptions in key areas of activity such as fundraising, membership, property, contracts and grants. It will also provide you with an in insight into future VAT developments including the latest on EU developments.

Programmes/Presentations

Download the presentations below pdf icon

8.30-9.15

Registration

9.15-9.20

Welcome by the chair
Graham Elliott, Withers LLP

9.20-9.55

Reclaiming VAT on purchases
Many of the goods and services your charity buys will be subject to VAT. As a charity, you may be entitled to VAT recovery on some of your purchases. Find out more about the principles of VAT recovery, including direct attribution, appointment (business/non-business calculations and partial-exemption methods) and the de-minimise test.
Colin Laidlaw, Baker Tilly

9.55 - 10.25

Membership
This session will provide guidance on when membership subscriptions are exempt from VAT, when they are taxable and when they should be treated as mixed suppliers.

Colin Laidlaw, Baker Tilly

10.25-11.00

Fundraising
This session will cover the VAT treatment of fundraising events, sponsorship, charity shops and other sources of fundraising.
Andrew Norman, Crowe Clark Whitehill LLP 

11.00-11.20

Tea and coffee break

11.20-11.50

Grants versus service contracts
Find out about the key VAT differences between service contracts and grants, and how to avoid the unexpected and expensive VAT pitfalls.
Socrates Socratous, SOC VAT Consultants

11.50-12.20

Property
This session will cover the VAT implications of purchasing and using residential and commercial buildings and constructing, and extending properties.

Socrates Socratous, SOC VAT Consultants

 

 

12.20-12.40

Future VAT developments
Overview of key future developments in the UK VAT regime, including EU developments.

Graham Elliott, Withers LLP

 

 

12.40-12.45

Chair’s close
Graham Elliott, Withers LLP

12.45-13.45

Lunch

Venue Details

Location

Withers Worldwide, 16 Old Bailey, LONDON, EC4M 7EG

View Larger Map

Bookings & Prices

Prices

  • CFG Member - £88.00;
  • CFG Member Colleague - £98.00;
  • Non CFG Member - £134.00;
  • CFG Subscriber - £266.00;
  • Other Corporate - £278.00;

Terms and Conditions:

Written notice of cancellations up to 21 days before an event will incur a 25% administration fee. After this time period, a 100% cancellation charge will apply. Substitutions (i.e. name changes) for the course booked can be made free of charge.

CFG reserves the right to cancel any event two weeks prior to the event date. You will be entitled to a full refund or given the opportunity to transfer to an alternative date. However we regret that we cannot refund any travel or accommodation costs incurred by delegates. CFG accepts no liability if an event is cancelled or postponed for reasons beyond our reasonable control resulting from an act of God, governmental regulation, fire, war, terrorist activity or civil commotion.

It may be necessary for reasons beyond our control to change the date, time or the venue at any time prior to the event date. If this occurs you will be informed of changes and given the opportunity to cancel or transfer to an alternative date.

CFG reserves the right to amend the content of the programme or the speakers where necessary without consulting booked delegates.

Download calendar entry

  • Email
  • Twitter
  • Facebook
  • Linkedin

© Charity Finance Group / © Charities Resource Network / Registered Office: 15-18 White Lion Street, London, N1 9PG.
A Company Limited by Guarantee. Registered in England No. 3182826, Registered Charity No. 1054914, Registered VAT No. 945 6038 09.