Over 9,000 charities will today share a rebate of £3.37 million secured by online fundraising service JustGiving after it successfully challenged HMRC over whether VAT should be paid on transaction fees on donations.The money will be received by charities that raised funds online using JustGiving between 1 September 2004 and 31 December 2010. They do not have to remain JustGiving members now in order to receive their share of the rebate.JustGiving began its challenge to HMRC in September 2007 who conceded the point three years later. Consequently JustGiving stopped charging VAT on transaction fees on 1 January 2011. It has taken 18 months to agree the amount of rebates that were due to charities.The change applies to all providers of online fundraising services, meaning that they do not have to charge VAT on transaction fees either. JustGiving on the other hand acknowledge that the change will increase its own costs by about 6% in that it won’t be able to reclaim the VAT on its costs in full.Anne-Marie Huby, Managing Director for JustGiving, said: “We are proud to have achieved this change for the benefit of all charities using online fundraising platforms.”JustGiving will be rebating the sum it has received from HMRC, less the professional fees it has incurred in making the challenge. The net sum to be received by charities is £3,368,019.83.www.justgiving.com Tagged with: Digital Finance HMRC Justgiving Law / policy 43 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis JustGiving’s tax win nets £3.3m for charities Howard Lake | 13 June 2012 | News 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.
Haley is a senior journalism major and political science minor from Parker, Texas. When she’s not in the newsroom, she enjoys playing sand volleyball with her friends and watching all the cute dog videos on Facebook. World Oceans Day shines spotlight on marine plastic pollution TCU visiting scholar continues campus conversation on immigration Newest construction plan aims to close parts of Bellaire Drive for pedestrian walkway Facebook Facebook printThe American Volleyball Coaches Association (AVCA) poll ranked the Horned Frogs (16-8) at No. 13 for the first time in program history on Monday.“We’re really excited and happy about the ranking, and it is good for our program,” said head coach Hector Gutierrez. “At the end of the day, I am happy for the girls because they have been working hard and playing hard to get to this point.”The Frogs paved their way into the top 15 after upsetting three ranked teams at the Staybridge Suites Invitational in Tallahassee, Florida this past weekend. They squeezed past No. 10 Georgia State (3-2), No. 13 Florida International (3-2) and No. 14 Florida Atlantic (3-2) to catch the AVCA’s attention. The team gave up their lone loss to Florida State, who has been fixed at No. 4 since week two of the 2017 polls.The updated ranking puts TCU ahead of both FIU (14) and FAU (15).“The girls were mentally and physically ready to play,” Gutierrez said. “It was great for us to show that we can compete against some of the best teams in the country.”The Frogs now have a total of five wins over ranked teams this season. In March, they beat Arizona State and Cal Poly, who were 10th and 15th at the time, respectively.TCU looks to continue its rhythm in the last regular season match-ups against Texas A&M-Corpus Christi and Texas A&M-Kingsville on Apr. 22 in Corpus Christi. Twitter Haley Harrisonhttps://www.tcu360.com/author/haley-harrison/ Twitter Haley Harrisonhttps://www.tcu360.com/author/haley-harrison/ ReddIt Linkedin + posts ReddIt Previous articleFrogs defeat DBU 9-3, push win streak to 13 gamesNext articleTCU running back transfers to Oregon State Haley Harrison RELATED ARTICLESMORE FROM AUTHOR TAGSgame wonTCU in title Haley Harrisonhttps://www.tcu360.com/author/haley-harrison/ Haley Harrison TCU places second in the National Student Advertising Competition, the highest in school history Haley Harrisonhttps://www.tcu360.com/author/haley-harrison/ Good Neighbors Animal Rescue helps hundreds of feral cats and dogs Linkedin Students concerned about off-campus thefts Welcome TCU Class of 2025
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