Business News
VAT Treatment of Charity Challenge Events
HMRC have issued revised guidance on Charity Challenge Events, including
those that qualify for the VAT Charity Fundraising Exemption.
Many charities use Charity Challenge Events, for example running, walking
and cycling events, to raise funds through sponsorship of the individuals
who take part.
Following representations from the charity sector HMRC have been working
with them to produce revised guidance to assist charities to determine
the correct VAT liability of such events.
Internet link -
VAT Business
Brief 36/08
