Consultation: Partial Exemption

CTRG and CFDG have jointly responded to an HMRC consultation which covers two changes to the partial exemption special method that were announced in the Budget 2006.

This response focuses wholly on the proposed measure that requires businesse to make a declaration stating to the best of their knowledge and belief that their proposed special method will produce a fair and reasonable recovery of input tax and the impact this measure is likely to have on the voluntary sector.

CFDG's Response:
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