VAT exempt bodies given guidance on the VAT cost sharing exemption

HM Revenue and Customs (HMRC) is carrying out an informal consultation on its proposed guidance on the new VAT cost sharing exemption, which is to be introduced sometime in July. 28 Mar 2012

Charities and universities to benefit from VAT exemption for shared services

The Government will implement EU proposals that will allow charities and universities to share services without charging each other VAT, according to proposals published in today's draft Finance Bill 2012. 06 Dec 2011

Out-Law Guides

Burden of income tax and NICs systems forming basis of integration reforms, Treasury says

Public Sector Government plans to reform the UK tax system are supported by companies that consider the current processes too burdensome, the Treasury has said. 16 Nov 2011

Private Schools win battle with Charity Commission over their charitable status

The Charity Commission will have to amend its guidance on charitable status for independent schools as a result of a judicial review. 18 Oct 2011