- Charities can reclaim a portion of their VAT costs based on non-public funding before the 30 June deadline
- Claims will be paid on a pro-rata basis if the total eligible claims exceed the capped amount
- To qualify, charities must be registered with Revenue, hold a charitable tax exemption, and be registered with the Charities Regulatory Authority
- Claims must be submitted through e-Repayments on Revenue’s Online System
- Detailed documentation and evidence must be provided to support the claim
- Qualifying income is the privately funded income of a charity, excluding publicly funded income
- Qualifying expenditure includes expenses used for charitable purposes and not eligible for VAT deduction or refund under other legislation
Source: timesofindia.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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