In noting this opportunity for voluntary bodies to access significant grants of up to £1m to support the purchase of local assets including sports facilities to protect them from loss in the community we were reminded of the issues that we often find when VAT implications either from these purchases or the ongoing running of these facilities is forgotten at the business planning stage. For readers interested in learning more about the access to funding there is a note we saw from Newport City Council promoting the fund below:
Source: centurionvat.com
Latest Posts in "United Kingdom"
- Supreme Court Rules Against VAT Recovery on Hotel La Tour’s Fundraising Share Sale Costs
- UK Supreme Court Rules VAT on Share Sale Fees Not Recoverable for Business Funding
- UK Eases VAT Grouping Rules to Attract Foreign Investment and Simplify Cross-Border Compliance
- Tribunal Rules Bespoke Autobiography Books by Story Terrace Qualify for VAT Zero-Rating
- Full VAT Recovery Allowed on Product Photography Costs in Littlewoods v HMRC Tribunal Decision
