Tax Conference - London

Tax and VAT Gift Aid Accounting and reporting

Wednesday 30 October 2019

EY Canary Wharf
25 Churchill Place
London E14 5EY

Answering your VAT and Gift Aid questions

For many charities, raising income through trading activities and Gift Aid has become an increasingly important source of revenue. However, there are certain restrictions that can apply and charities need to be aware of what they can and can't claim depending on the nature and level of activity.

The conference will offer updates for those already working with VAT and Gift Aid, offering tips for optimising income, as well as those new to it, walking them through the benefits, registering and administration of VAT and Gift Aid schemes.

 
Speakers

Rachel Cooper, Principal, Welbeck Accountancy

Dermot Rafferty, Senior Manager - Indirect Tax, EY

Helen Elliott, Sayer Vincent

Scott Harwood, Tax Director, RSM

Helena Wilkinson, Partner, Head of charities and NFP, Price Bailey

Robert Warne, Crowe UK LLP

Programme
9.00 - 9.30

Registration and refreshments

9.30 - 10.00

Opening plenary - VAT and tax update

This opening session will give you the latest updates on tax and VAT including irrecoverable VAT, the latest case laws and changes to Gift Aid regulations.

Dermot Rafferty, Senior Manager - Indirect Tax, EY

10.00 - 10.05

Move between sessions

10.05 - 11.00

1A: Fundraising and memberships

This session will look at the overall tax treatment (Gift Aid and VAT) of membership and fundraising activities, including claiming Gift Aid on subscriptions.

Helen Elliott, Sayer Vincent

10.05 - 11.00

1B: Introduction to Gift Aid

Perfect for those new to Gift Aid, this session will give an introduction of what Gift Aid is, covering how to register, how to administer Gift Aid and donor benefit rules.

Rachel Cooper, Principal, Welbeck Accountancy

11.00 - 11.20

Break for refreshments

11.20 - 12.20

2A: Getting the most of available reliefs

Optimising VAT recovery is core to the sustainability of any charity. This session will offer practical advice on tax planning and how your charity can make the most of VAT reliefs.

Scott Harwood, Tax Director, RSM

11.20 - 12.20

2B: Record keeping

This session will give practical tips on how to keep Gift Aid records effectively including declaration claims, and GDPR relating to Gift Aid

12.20 - 12.25

Move to lunchtime plenary

12.25 - 13.00

Troubleshooting

This is your chance to ask further questions about VAT and Gift Aid to a panel of speakers

13.00 - 13.45

Lunch

13.45 - 14.45

3A: Making the best use of your trading subsidiary

Join this session to learn why a charity may need a trading arm and the tax advantages of having a trading subsidiary.

Helena Wilkinson, Partner, Head of charities and NFP, Price Bailey

13.45 - 14.45

3B: Introduction to VAT

This session will introduce VAT and explain the benefits of registering for VAT, as well as looking at what kinds of activities would be subject to VAT and the different rates that apply to them.

Robert Warne, Crowe UK LLP

14.45 - 15.00

Refreshments break

15.00 - 16.00

4A: Grants and contracts

What is the different between a grant and a contract? This session will explore how they differ, what the tax consequences of each look like, as well as discussion around the challenges charities have had with relationships with local authorities and defining a grant or contract.

15.00 - 16.00

4B: Retail Gift Aid

This session will explore Retail Gift Aid schemes, how they operate and at the more challenging areas of Retail Gift Aid when making claims.

16.00 - 16.05

Move to closing plenary

16.05 - 16.35

Closing plenary : Making Tax Digital

Making Tax Digital is one of the biggest changes to tax this year. This closing plenary will give you the opportunity to hear from a case study about the implementation of Making Tax Digital and how this affected them. What were the challenges and how has the organisation dealt with them?

16.35 - 16.40

Chair closes and conference ends.

Prices
Charities - Members - Early Bird Rate£99.00
Corporate - Members£249.00
Corporate - Non-members£329.00
Individual - Members - Early Bird Rate£99.00
Individual - Non-members£152.00
Community Leisure UK - Members - Early Bird Rate£99.00
HTN - Members - Early Bird Rate£99.00