Charity VAT exemptions for fundraising events under threat as HMRC ignores tribunal ruling

Written by VAT Partner, Sandy Cochrane A landmark court victory for charity fundraising events has been overshadowed by HMRC’s refusal to align their policy with the tribunal’s findings. The Yorkshire Agricultural Society’s successful challenge to HMRC’s restrictive interpretation of VAT exemptions should have provided welcome clarity for the charity sector. Instead, charitable organisations find themselves […]