- The CIOT reports HMRC is contacting small charities
- HMRC is advising them about the need to apportion input VAT
- This applies when charities have both business and non-business activities
- Many charities are unaware of their non-business activities
- Charities often do not know their VAT responsibilities in these situations
Source: claritaxnews.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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