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VAT challenges for charities

Residential property has been highly politicised for some time, and successive governments have grappled with the ‘housing problem’.

I t seems to me that buy-to-let landlords have had some challenging tax issues to deal with in recent times.

As all will be aware, VAT was introduced into the UK more than 40 years ago in 1973 and it is often referred to as being (or intended to be) a simple tax. In principle it should be.

The flat rate scheme (FRS) has been an important part of the VAT system since April 2002, and has saved thousands of pounds of tax for many SMEs compared to normal VAT accounting.

Bridport and West Dorset Golf Club’s litigation was in respect of VAT on green fees, a point that was successfully concluded in the Court of Justice of the European Union (CJEU).