VATupdate
VAT

HMRC update of VAT Notice 701/1 ‘How VAT affects charities’ and VAT Notice 701/6 ‘Charity funded equipment for medical and veterinary uses’

How VAT affects charities (VAT Notice 701/1): Find out what a charity is, how VAT affects charities, how to treat a charity’s income for VAT and what VAT reliefs a charity can get on what it buys.
Source: HMRC

Charity funded equipment for medical and veterinary uses (VAT Notice 701/6): Find out when it’s possible to get zero-rated supplies on medical and research goods and services that have been funded by charities.Source: HMRC

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