Taxation
Taxes are an inevitable fact of life for businesses, individuals and charities. The tax office takes the view that "ignorance is no excuse" and all taxpayers are expected to be familiar and comfortable with the bureaucracy and complexity of the tax system.
It has been said that ”The best things in life are free, but sooner or later the government will find a way to tax them” and careful management of any organisation’s tax obligations can mean the difference between profit and loss.
Free Study Aids
VAT and charities
Value added tax (VAT) can be a confusing tax, its underlying principle is meant to be simple but it tends to be very problematic in application. VAT impacts on charity and arts organisations, and where applicable they are responsible for its operation, it is important that the operation of this system is done accurately and effectively. This seminar will be of use and interest to a great number of people, including trustees, managers, artists, treasurers and funding bodies.
