18 September 2020
Following recent representations by the Charity Tax Group (CTG), HMRC has agreed to amend its policy on the VAT treatment of online charity advertising. Information on HMRC's new policy was published on 8 September and we suggest that affected advertisers and charities should consider their position carefully.
John is an audit director and acts for both not for profit and corporate clients. He leads the Social Housing offering in North West and North East England and has over 15 years’ experience in providing audit and assurance services.
Derek is a partner in Business Services in Basingstoke and specialises in working with owner manager and private equity backed businesses.
Sarah leads the mergers and acquisitions team at RSM in the South East. She helps shareholders and management teams sell part or all of their business, buy another business or raise money for growth.
Corporate Finance Director
Helen is a Director within the Corporate Finance North West team and she has over 10 years’ experience in mergers and acquisitions.
Janet is a restructuring specialist and is an insolvency practitioner based in London. She has a breadth of restructuring and insolvency experience spanning 25 years with the execution of formal appointments, leading advisory teams as well as senior project management for a variety of stakeholders in distressed situations.
06 August 2020
Following recent representation by the Charity Tax Group (CTG) on behalf of the charitable sector, HMRC have consulted with various parties and announced an update to their policy in the area of online charity advertising.
04 August 2020
HMRC has now relaxed its strict policy that looked set to exclude many online charity advertising campaigns from VAT relief. Charities should check the VAT position of their advertising contracts in case they are entitled to a refund.
03 August 2020
The Committee of University Chairs (CUC) published its Higher Education (HE) Audit Committees Code of Practice (the Code) in May 2020. The updates to the Code are certainly welcomed in particular during these unprecedented times with significant change, uncertainty within the sector and changing risk profiles.