Insolvencies climb, inflation soars, can UK businesses survive?
After the shocks of Covid, Brexit and now the war in Ukraine, can the UK economy get through a period of high...
READ MOREHMRC tells charities not to claim VAT relief on social media adverts
HM Revenue and Customs has written to charities stating that they must pay a standard VAT rate for social media advertising, which if enforced could come at a “significant cost” to the sector.
Charities might expect advertising services to be zero-rated, but this does not apply to those distributed to a selected audience.
Read more at Civil Society.
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European Commission notified about more than 380 potentially unlawful tax breaks in the last five years
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