Bates Wells and Braithwaite on VAT and The London Marathon

first_imgBates Wells and Braithwaite on VAT and The London Marathon It suggests that that VAT will be levied on the pledged amounts raised by all runners if charities refuse to allow any runner to take part in future marathons if they fail to meet their pledge for the marathon they run that year.This is not the case. Customs & Excise policy team have assured Bates Wells and Braithwaite that The Times’ article is not correct. The article apparently arose from a rogue ruling to a charity by one of their officers in the field which has now been rescinded. The policy remains as published in the Charities VAT notice. In other words, if a charity asks a runner to pledge to raise a sum of money, and the runner can still take part in the marathon if they fail to meet the pledge, there is no VAT charge. A charity blacklisting a runner from entering future marathons using a charity provided place would not taint this.Bates Wells and Braithwaite should know: the firm helped Customs & Excise to write the Charities VAT notice. This explains that no VAT is charged on money raised by a runner, if a charity asks the runner to pledge to raise a sum of money, but allows the runner to take part in the event whether or not they meet the pledge. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 15 February 2005 | News  30 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Events Finance Charity law specialists Bates Wells and Braithwaite have issued their advice on current concerns about charities losing out on VAT due to Customs & Excise from money raised in the London Marathon.The advice appears in the firm of solicitors’ Charity & Social Enterprise Department’s Email Update.This sheds light on the article in today’s edition of The Times on page 2 headed “Tax grab on cash from marathon”. The article states that Customs & Excise will be “grabbing” £4.5 million in VAT from money raised by charities whose supporters take part in the London Marathon using places secured in the event by the charities under the Marathon’s Gold Bond Scheme. Advertisementlast_img read more

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Man accidentally kills roommate, shoots her while negligently handling gun

first_imgiStock(KISSIMMEE, Fla.) — A man accidentally shot and killed his roommate when he was negligently handling a gun and shot her.The incident occurred on Feb. 21 when authorities responded to a call in Kissimmee, Florida, in reference to a shooting.When police arrived, however, they discovered that Savannah Leight Threatts had suffered from a gunshot wound and was already deceased. Authorities did not disclose where Threatts had been shot.Anthonny Mendez, 23, was subsequently questioned by the authorities and it was discovered that Mendez had been handling the gun in an irresponsible manner when the incident happened.“Anthonny Mendez, a roommate and friend of Savannah, had been negligently handling a firearm and ultimately shot her,” said the Osceola County Sheriff’s Office in a statement on social media.Mendez was arrested for manslaughter, possession of a firearm by a convicted felon and violation of probation.He is now being held at the Osceola County Jail with zero bond. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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