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ARTICLE · 08 OCTOBER 2003

Charities - Round-up of Recent Developments

United KingdomCorporate/Commercial Law

Originally published in April 2003

Article by Guy Greenhous and Oenone Wright

Strategy Unit Report

The consultation period ended on 31st December 2002 and the Government’s response is due "in the Spring".

There are likely to be three different Bills, a DTI Bill to create Community Interest Companies, a Treasury Bill on Industrial and Provident Societies and a Home Office Charities Bill. Government activities will be co-ordinated by the Active Communities Unit of the Home Office.

Treasury Cross- Cutting Review

It is accepted that core costs should be covered and that the cost of a contract for services should reflect the full cost of delivery including overheads.

VAT

The Head of the European Commission’s Indirect Tax Unit recently stated at a conference in Brussels that there is no European Union obstacle to the introduction by national governments of VAT recovery systems for charities. The UK Government has always said that it is because of EU constraints that they cannot

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