With over 500 lawyers we would expect to be able to provide the specialist skill and experience that you need. Browse our lawyers and teams below.
With nearly 500 lawyers we have the skills and experience you need.
Are you coming to one of our offices and need to know how to find us?
Send us your enquiry and we will get back to you as soon as possible
The Charity Tax Group (CTG) is seeking comments on the removal of the VAT exemption for business research. In summary, CTG reports that: 'UK VAT legislation presently allows VAT exemption for research which is provided by one university (and a limited number of other bodies) to another. The EU Commission has informed the UK that there is no legal basis for the exemption under EU law. The UK Government is therefore required to remove the exemption and it is planned that this will be effective from 1 August 2013. British Universities Finance Directors Group (BUFDG) and the Charity Tax Group have provided HMRC with estimates of the overall financial impact of these changes on current and future research contracts. The loss in VAT to the university sector is estimated to be in the region of £5-6m per annum. HMRC has published Revenue and Customs Brief 38/12, to announce a consultation on the withdrawal of the exemption. The consultation responses will help HMRC in deciding whether or not there is a need to mitigate the impact and if so whether transitional arrangements could meet that need.'
Read the full article on the Charity Tax Group’s website. They are inviting comments to be sent to email@example.com by 9 March 2013.
Register for My M&R to stay up-to-date with legal news and events, create brochures and bookmark pages.
Log in to your client extranet for free matter information, know-how and documents.
Mills & Reeve system for employees.
Added to your bookmarks
This will be stored in your bookmarks list for 90 days or until you remove it.
This page has been added to your brochure. To manage your brochure click on the button below.
Or click on
at the top of every page.