VAT waived on charity text message donations
July 2009: The Mobile Data Association, the not-for-profit mobile trade association, has today announced a major breakthrough for the UK charity sector for donations via mobile. The move means charitable donations sent to a dedicated short code will have the VAT waived for registered charities.
The new framework means charities of all sizes will be able to receive an additional 15% (standard rate of VAT) for donations sent via text message. Mobile users can donate up to £10.00 by either sending a text message to a Short Code or by using Payforit, a recognised UK standard for mobile payments.
Central to the new framework is an allocation of a dedicated range of numeric Short Codes to be used for charity donations only.
For more details follow this link to MDA
