Auditor's liability for not registering for VAT ?? | AccountingWEB

Auditor's liability for not registering for VAT ??

A charity has been operating for 30 years. The trustees believed that as a charity it did not need to charge VAT.

An internal review lead them to question this and they approached HMRC .

They have reviewed the correspondence and guidance received from HMRC and have now registered for VAT, on the advice of their current auditors, and have received a tax bill for £500k. This seriouly threatens the very existence of the charity. Will they have recourse against their former auditors who had never questioned or raised the need to register for VAT ??

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Not enough information

Roland195 |

More info

cymraeg_draig |
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JamesPrice |

No time limit backwards...

djbrown |

A supply or not - not easy to determine

DMGbus |
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come off it

carnmores |
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Missing the point

Roland195 |

well we will have to disagree

carnmores |
carnmores's picture

Do you honestly claim to be an expert in everything?

Roland195 |


adagm |


carnmores |
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Tom 7000 |
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How many auditors?

Roland195 |


carnmores |
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Get specialist advice

Dave Collier |