- HMRC internal guidance manual updated on 9 October 2024
- Affects charities, NFP, clubs, associations, philanthropic organizations, galleries, museums, and “hobby” activities
- Business or Non-Business (N-B) is important in VAT for registration, tax accounting, and input tax recovery
- Legislation: The I Act 1994 Section 24(5)
- Articles on case law and business/N-B issues
- Guidance manual covers overview of business for VAT purposes, general principles, N-B activities, determination procedures, relevant UK law and caselaw, factors to consider, methods of apportionment, clubs and associations, and HMRC policy background.
Source: marcusward.co
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
