21st June 2009, 03:10 PM
Hello doc etc
I apologies that I am a bit diffuse in getting ideas across. What I am trying to get at is should what archaeologists do be zero rated or exempt VAT. I can see that some charity units have established that digging in commercial archaeology is educational and I can see that eh seem to have established principles on the VAT subject I am just imaging the effect on the industry that it would have if it was considered that a self employed digger was zero rated and so could claim back the vat on fuel, accommodation and anything else.
enjoy
I apologies that I am a bit diffuse in getting ideas across. What I am trying to get at is should what archaeologists do be zero rated or exempt VAT. I can see that some charity units have established that digging in commercial archaeology is educational and I can see that eh seem to have established principles on the VAT subject I am just imaging the effect on the industry that it would have if it was considered that a self employed digger was zero rated and so could claim back the vat on fuel, accommodation and anything else.
Quote:quote:original investigation undertaken in order to gain knowledge and understanding?. Since 1 August 1994 the supply of research by an ?eligible body? is only exempt from VAT when supplied to another ?eligible body?. For the purposes of the supply of commissioned research, an ?eligible body? is a local authority, university or non-profit making body whose ?circumstances must prevent them from distributing, and they must not distribute, any profit they make. However, in addition, they must apply any profit that might arise from their supplies of education, research or vocational training to the continuance or furtherance of such supplies
enjoy