| New VAT helpline to save charities money |
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NCVO Charities are to get help making sure they claim back all of the VAT they are entitled to with the launch of a new helpline this week. UK charities pay more than the best part of a billion pounds in VAT each year, much of which they can legitimately reclaim but many find the rules too complicated and so lose out. NCVO and accountancy firm Saffery Champness have teamed up to run a new telephone and email helpline to support and advise charities on what VAT they must pay and what they can reclaim. The service is free to NCVO members with an income of less than £100,000. NCVO members with a greater income get the service for half price. Standard charges for the service range from £100 to £500 a year and charities can call or email as many times as they wish during this period for advice.
Richard Williams, Director of Enterprise at
NCVO, said:
Russell Moore, a partner at Saffery
Champness, is one of the leading VAT advisers to charities and not-for-profit
organisations in the UK. He said: Saffery Champness has secured VAT repayments in excess of £40 million in the last three years alone and it advised The Children's Society on its landmark VAT high court victory in 2005, which is estimated to save the voluntary sector £100 million a year. NCVO continues to campaign for more straightforward and fair VAT rules for charities. The matter was raised with Angela Smith, Minister for the Office of the Third Sector, last month (January) at a recession summit hosted by NCVO. Charities wishing to find out more information and/or register for the service should email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |


