Finance | Peter Jenkins | 28 Oct 2009

After several years of protracted negotiation in Brussels, the so-called VAT Package was at last agreed in the Council of Ministers in December 2007, formally adopted in February 2008, and is to be implemented in phases on 1 January 2010, 1 January 2011, 1 January 2013 and 1 January 2015. The package includes changes to the place of supply rules for services, changes to the rules governing recovery of VAT incurred in other member states, and provision for enhanced administration cooperation between the VAT authorities of the 27 member states. The main changes are just over two months away, so what will be the impact on UK charities?