Our charity and not-for-profit clients have asked us many questions about VAT over the years. Here we look at a small selection of those more frequently asked questions.
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Latest News & Events
Reflecting on UHY Hacker Young’s volunteering for FareShare
Staff in our London office volunteered for FareShare – read about their experience.
VAT now represents 21% of HMRC’s total tax take as receipts hit record high
The total amount of VAT collected by HMRC has jumped 60% over the same period to £125bn in 2017/18, up from £78bn in 2008/09
UHY Hacker Young raise over £15,000 for the Mental Health Foundation
We are delighted to announce that the fundraising efforts of staff across our offices in the UK have raised over £15,000 for our 2017/18 national charity, the Mental Health Foundation.
Charity and not-for-profit sector outlook 2019
This year’s Outlook comes at a crucial time for charity and not-for-profit organisations with Brexit and MTD looming on the horizon.
Charity and not-for-profit sector outlook 2018/19
The end of 2017 and early 2018 have been eventful for the charity and not-for-profit sector. Serious incidents, particularly in relation to safeguarding, have occurred which have been widely publicised.
Making Tax Digital for VAT – what you need to know
It’s strange to think that until the 1980s there were no penalties for innocent VAT errors. Now the error can be punished by up to 100% of the VAT in issue.