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0900 | Registration and refreshments | |
0940 | Chair's welcome Richard Bray Gareth Jones | |
0945 | Latest updates in charity tax The Charity Tax Group gives us a whirlwind tour through the developments that affect us all. We get an inside view on their current lobbying, updates on imminent legislative changes, the latest consultations, and a forward look at the threats and possibilities around the corner. John Hemming | |
Less Complex | Advanced | |
1020 | Introduction to charity tax Designed for those who are new or inexperienced in the sector, this is a ‘back to basics’ look at the rules, regulations and common strategies involved in VAT and corporation tax / income tax for charities. Andrea Sofield | The capital goods scheme and combined methods We take an in-depth look at how the scope of purchases caught in the capital goods scheme is changing, with a particular focus on non-business use. We will also be led through the new facility which allows charities to combine non-business and partial exemption into one calculation. Graham Elliott |
1100 | Coffee break | |
1130 | Basics of Gift Aid An introduction to the Gift Aid scheme, including the administrative requirements of claiming it back, incentives for taxpayers, the benefits a donor can receive in association with making a gift and HMRC audits. Anne Gregory | Tainted charitable donations The latest developments in the new rules on tainted charitable donations are investigated, including HMRC practice, the overlap with transitional rules on substantial donors and other non-charitable expenditure regulations. Luke Savvas |
1215 | Cross border transactions – what are the VAT implications? What issues should you consider when buying or selling either goods or services abroad? We unearth the latest VAT and statistical reporting requirements, in particular the changing rules on supply and the practical impact of the reverse charge to services received from overseas. Socrates Socratous | Developments in Gift Aid This year’s budget has wide reaching implications on Gift Aid; proposals to relax documentation for donations of up to £10, the new reclaim forms (R68i), the move to an electronic claims system, and developments on a potential Gift Aid database. What does all this mean for us?. Luke Savvas |
1255 | Lunch | |
1405 | Introduction to employment tax Key issues for charities in relation to taking on staff, problems in using consultants, tax consequences for getting it wrong, plus volunteers and the related tax issues. Luke Savvas | Property The often complex tax issues associated with property transactions by charities, including VAT, corporation tax / income tax and Stamp Duty Land Tax, the use by charities of property for the purpose of their charitable activities, the holding of property by charities as an investment, the implications of undertaking improvements to property, and the disposal of property by charities. Andrea Sofield |
1450 | Tax issues with fundraising and challenge events We look at the basic VAT rules applicable to a range of fundraising initiatives, including the complexities of structuring challenge events and handling the participators, and contrast this with the rules around Gift Aid. Graham Elliott | Employment tax: recent case studies A review of recent cases and the decisions which will impact on the charity sector, together with practical issues and tips for better risk planning. Ellie Gamble |
1530 | Coffee break | |
1550 | Penalties The reasons why a charity might incur a tax penalty isn’t always clear … until it happens. We review recent tribunal cases to explore how HMRC appear to be handling these fairly new rules and how we can prepare ourselves better. Graham Elliott | Latest VAT cases A watchful eye over our tribunals and courts can help us to understand new areas of exposure and opportunity. We get a helping hand through this often complex world to appreciate the rulings that effect us. Socrates Socratous |
1630 | Close | |
