Setting up a business or a charity can be a daunting task and often results in the misunderstanding of your rights as a registered VAT organisation.

Registered charities however are exempt from the normal VAT rate of 20% and should pay the respective rate of 5%. Unless declared or challenged your energy provider will continue to charge VAT at the rate of 20%. At TUC we have helped some of our customers to reclaim and pay the correct VAT rate, this in some cases has resulted in reclaiming excess VAT payments of up to seven years from their concurrent energy provider.

To see if you qualify for this service, call 01494 473273 and speak to one of our trusted advisers today.