Course Details

The tax system contains a range of reliefs and special treatments for charities, including a wide-ranging set of tax exemptions as well as a scheme of tax relief on donations received. These are however subject to detailed conditions and can give rise to additional compliance obligations. Taxation can also give rise to challenges and difficulties for charities, including irrecoverable VAT, PAYE obligations which can be complicated by the status of some employees and volunteers and the extent to which fundraising activities can be kept outside the tax net. Practitioners therefore need to be familiar with a wide range of issues in order to provide comprehensive advice to clients in this sector.

In this course Michael O’Scathaill covers the following topics;

  • Charitable tax exemptions.
  • Donations to approved bodies
  • VAT Compensation Scheme for Charities
  • Other VAT and RCT challenges
  • PAYE issues for charities
  • Some practical guidance on how these rules operate in practice.
  • A brief discussion on the area of mutual trading as it applies to entities such as clubs and management companies.

 

CPD Course Speaker

Crowe Ireland

Michael O'Scathaill

Michael is a director in the firm’s tax department. He holds a Bachelor of Commerce degree from the NUI and is a Chartered Accountant (FCA) and an AITI Chartered Tax Advisor.

Michael manages a varied and interesting portfolio of corporate and personal tax clients from a range of sectors including food & beverage, retail, insurance, construction and waste management. He has a strong relationship with his clients and works closely with them to deliver a service that meets their commercial as well as their taxation requirements.