Landmark VAT Ruling: HMRC Cannot Limit VAT Exemption for Fundraising Charities

• Upper Tribunal confirms fundraising activities by Yorkshire Agricultural Society not liable to VAT
• Good news for all fundraising charities
• Charities can retain entire proceeds from fundraising activities
• Landmark judgment provides reassurance to charitable sector
• HMRC cannot limit VAT exemption for fundraising activities

Source: mha.co.uk

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.