The author’s article a year ago provided an update on the main UK tax changes impacting the finances of not-for-profit sports clubs. This piece intends to concentrate on the costliest of those taxes, which provides a significant barrier to those proactive clubs trying to improve their sports facilities i.e. Value added tax (Vat). It explains why this is the case and describes some recent Vat developments affecting clubs.
Source: lawinsport.com
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