HMRC policy ruling is bad news for schools and FE colleges
March 8, 2010
Thanks to the Baker Tilly Tax team for information on this latest ruling from HMRC on VAT.
http://www.bakertilly.co.uk/publications/Major-blow-for-charities-and-FE-colleges.aspx
It really is potentially bad news for any school considering embarking on a cap ex project especially if it is of a significant size.
From my corporate banking experience I am well aware of the difficulties of cashflow management on such projects and clearly this new policy will add further complications.
On a lighter note may I wish my fellow females a happy International Women’s Day!
Comments
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- RT @WilI_Smith: If you're absent during my struggle, don't expect to be present during my success.
- Latest blog on a fabulous event held by #Wilsons Solicitors last week http://t.co/6xyOCIxf Some really useful and topical legal advice.
