A client of mine is involved in a new charity which is working a on project for primary schools. The project will be funded by mostly corporate sponsorships and some Leader funding. The end product produced from the project will be distributed free to National schools. The charity is concerned as to the vat implications of the monies received from sponsorships, even with charitable status could the monies received from sponsorships be seen as vatable as it is expected to exceed threshold.
Your opinion would be appreciated