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Written question asked by Baroness Teather (Liberal Democrat) on Thursday, 10 March 2005, in the House of Commons. It was due for an answer on Tuesday, 15 March 2005. It was answered by Baroness Primarolo (Labour) on Tuesday, 15 March 2005 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, whether he plans to impose VAT on sponsorship payments from those entering runners in the London Marathon; and if he will make a statement.
Answer

Sarah Teather: To ask the Chancellor of the Exchequer whether he plans to impose VAT on sponsorship payments from those entering runners in the London Marathon; and if he will make a statement. [222119] Dawn Primarolo: There are no plans to change the VAT rules on sponsorship payments and no charity need find themselves paying VAT on the funds raised by sponsored runners. Charities can also claim an extra 28p for every £1 of sponsorship raised under the Gift Aid scheme.


Secondary information

Type
Written question
Reference
432 c173W;432 c171W; 222119
Session
2004-05
Subjects
Charitable donations Sports competitors VAT Sponsorship London Marathon
Link
View this Written question on www.publications.parliament.uk