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"
- UK Considers VAT Cut on Domestic Fuel: Targeted Relief or Broad Measure?
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
