VAT & Charities
JackieB
Registered Posts: 1
HI
Wondering if anyone can confirm for me how they treat Grants , I know this is outside the scope but can you reclaim the vat spent on activity funded by grants or does this come under partial exemption like the zero rated stuff ?
Wondering if anyone can confirm for me how they treat Grants , I know this is outside the scope but can you reclaim the vat spent on activity funded by grants or does this come under partial exemption like the zero rated stuff ?
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Comments
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Your question appears very confused. Given the lack of information provided there are a myriad of issues and potential responses.JackieB said:HI
Wondering if anyone can confirm for me how they treat Grants , I know this is outside the scope but can you reclaim the vat spent on activity funded by grants or does this come under partial exemption like the zero rated stuff ?
May I suggest you read VAT Notice 701/1: charities, as this may clarify your thinking.0