§ Simon HughesTo ask the Chancellor of the Exchequer if he will set out his policy on imposing VAT on sponsorship payments from those entering runners in the London Marathon. [162511]
§ John HealeyCharities and their donors in the UK will benefit from a wide range of VAT reliefs and exemptions. In accordance with the requirements of the EU directives on which UK VAT law is based, sponsorship raised by runners for organisations that have paid for a place in the London Marathon is free from VAT. However, any payment required in exchange for a place is subject to VAT; consequently, an organisation may be able to reclaim some of the VAT it incurs in providing this service.