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We are a charity teaching englsih to foreigners. We charge a relativelly small amount of course fees to cover rental fees but most of the income comes from grants by local authority and donations. I recently heard that we must be carefully to trigger the VAT threshold as the income earned is likely to be “business” and not charity/ exempt?
Anyone who can help?
see this post: http://vatforum.co.uk/viewtopic.php?id=219
see this post: http://vatforum.co.uk/viewtopic.php?id=219
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