Understandably, charities are concerned about the current coronavirus crisis, which will impact on both the work they are able to undertake, and income to generate. Many do not have sufficient cash reserves. With the NCVO announcing that the charity sector could lose at least £4bn over the next 12 weeks, we want to ensure our charity clients are aware of the measures and support available to you during this time. We will keep this page updated and urge you to get in contact if you have further questions on the below.

HM Revenue & Customs has published updated guidance on the VAT treatment of grants and contracts to clarify which grants are outside the scope of VAT and which are subject to VAT.
 

HM Revenue & Customs has published updated guidance on the VAT treatment of grants and contracts to clarify which grants are outside the scope of VAT and which are subject to VAT.