Critchleys recently represented a major national charity, which was struggling with the complexity of VAT registration, and the VAT liability of a large number of different sources of income.
A detailed review was undertaken, looking at the charityâ€™s agreements, and other relevant facts relating to its overall situation. Critchleysâ€™ VAT team then drafted an extensive submission to H M Revenue & Customs, addressing numerous issues on the clientâ€™s behalf.
Critchleys succeeded in getting Customs to agree to all the points in the submission, including VAT exemption for the large-scale agreements the charity had negotiated with partners in the private sector. These totalled over Â£5 million, making their exempt status a valuable asset.