A question from STAMFORD TOWN PARTNERSHIP CIC
As a registered CIC do we have to pay VAT on marketing. More specifically the following:
1. Advertising our community event in a local newspaper
2. Advertising on radio with a schedule of promotions
Is this VAT exempt or 0% rated or charged to us a standard rate?
I have asked so many people this question but no seems to have a clear answer. I have also tried getting through to HM Customs but they are continually engaged. I need to book the above marketing as a matter of urgency but am reluctant to do so until I have clear confirmation on this issue. Funding for this event is tight therefore it is vitally important that we explore this further – can you help?