The Hampshire and Isle of Wight Air Ambulance (HIOWAA) will potentially save thousands of pounds on charitable VAT relief following last week’s announcement by UK Chancellor, George Osborne during his Autumn Statement.
Following heavy lobbying by the Association of Air Ambulances (AAA), the government have announced that all Air Ambulances will benefit from VAT relief on all charitable expenses that directly fund the activities of the Air Ambulance.
HIOWAA CEO Alex Lochrane commented:
“This is a very welcome announcement. These VAT savings will be redirected back to the charity so that we can continue to improve our service, delivering the highest standard of patient care to the people of Hampshire and the Isle of Wight.”
HIOWAA receives no government, statutory or National Lottery funding for operational purposes, relying entirely on the generosity of the people and businesses of Hampshire and the Isle of Wight to keep the Air Ambulance flying and saving lives.