.png)
.png)
VAT considerations should not be forgotten, even with charitable ventures, warns JOHN PRICE.
'PITY ABOUT THE lack of culture in Longborough Festival Opera (No 19,096)', I said. 'Customs have collected VAT on the takings.'
'But Longborough is a lovely Cotswold event — full of culture', exclaimed the Busy Practitioner. 'Opera is culture by its very nature — not like that Tracy …'
VAT considerations should not be forgotten even with charitable ventures warns JOHN PRICE.
'PITY ABOUT THE lack of culture in Longborough Festival Opera (No 19 096)' I said. 'Customs have collected VAT on the takings.'
'But Longborough is a lovely Cotswold event — full of culture' exclaimed the Busy Practitioner. 'Opera is culture by its very nature — not like that Tracy …'
'Yes yes' I interrupted 'but I'm talking about VATA 1994 Sch 9 group 13 which exempts the culture of museums theatres music etc. but only when provided by an eligible body.'
'Surely that means a charity which can't pay out to anyone and uses any surpluses it achieves in continuing and improving what it does. Now that's Longborough.'
'Sadly no it hasn't been at any rate until now. If...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
