The Charity Tax Group published details of its correspondence with HMRC on the matter of the VAT treatment of funding in this regard. As it may be some time until HMRC updates its internal manuals we thought it important to circulate a link to the CTG site. This is an area which covers funding from the Department of International Development (DfID) and from UK Global Challenges Research Fund (GCRF).
Source: centurionvat.com
