Withdrawal of concessions

HMRC has announced the withdrawal of a number of VAT concessions. The withdrawal of ESC 3.29 will be particularly important for charities. That concession allowed up to 10% business use of a charitable building without impacting on the VAT reliefs available to charities. In Revenue & Customs Brief 39/09, HMRC states that ‘solely (charitable use)’ should now be interpreted as meaning at least 95% charitable use. In addition, HMRC has also changed its policy with regard to VAT recovery by Local Authorities in respect of Voluntary Aided Schools see VAT News for Local Authorities.

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For more information please contact the PKF adviser for your region:
London and South East	Nick Warner
East Anglia	Richard Wild
Midlands	Lisa Topliss
The North and Scotland	Billy Cairns

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