Is the UK fundraising VAT exemption too restrictive?
The Upper Tribunal (tax tribunal) has held (Loughborough Students’ Union v HMRC ) that the holding of balls by a students’ union was not an exempt supply under the exemption for cultural services. This was because the student union’s activities were not managed and administered on an essentially voluntary basis due to its sabbatical officers being salaried.
However, the tribunal also questioned whether the separate UK exemption for fundraising events by charities was compatible with the EU fundraising exemption on which the UK rules are based and remitted this issue to the First-tier Tribunal (FTT).
If the FTT decides that the restrictions attaching to the UK exemption (namely that the event must be for the primary purpose of raising money and be promoted as such) are contrary to EU law, they would be invalid…
If you are registered and logged in to the site, click on the link below to read the Mills & Reeve briefing. If not, please register or sign in with your details below.
News from Mills & Reeve
News from The Lawyer
Briefings from Mills & Reeve
Animal welfare: recent EU conference — mid-term review of the strategy for the welfare of animals 2012–15
The conference on the achievements of the EU strategy for the welfare of animals 2012–15: mid-term review took place on 12 February 2014.
In a decision in January, the Information Commissioner’s Office found that the Financial Conduct Authority had breached the Freedom of Information Act 2000.
Analysis from The Lawyer
The trend for unbundling legal work is advancing through the law firm ranks but there is still resistance in some quarters - namely in-house. We asked why