Captain Okpeki
www.eki.org.uk
A specialist VAT consultancy firm delivering effective and pragmatic VAT solutions for HAs, Charities, HEIs. Services include VAT advice, VAT healthcheck, VAT Planning, VAT registration, VAT Training, HMRC investigations'
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Comment on: VAT hike will cost associations £125m
Whilst the VAT rate increase is unwelcome, perhaps it will trigger a change of RSL/HA attitude to VAT recovery. Many business sectors incur irrecoverable VAT and take a proactive active to mitigate its impact. Maybe its time RSLs and HAs did the same.
Dave Cameron has suggested the government will review VAT refund for charities but even if a policy change is implemented, a culture shift is needed to ensure real improvement is achieved.
Captain Okpeki
www.eki.org.uk
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