Our next event

HR masterclass: staff handbook policies and procedures (Norwich)

November 2017
View details

Our next event

HR masterclass: staff handbook policies and procedures (Norwich)

November 2017
View details

VAT Alert: VAT for non-profit making sporting bodies


By: Rob Geary Date: 2 December 2015
Category: VAT,Alert

HMRC have issued a new briefing for non-profit making sporting bodies. The information sheet is predominantly aimed at golf clubs, but other non-profit making sporting bodies may be affected.

Until now, HMRC has resisted paying outstanding claims against it for overpaid VAT pending a further tribunal case on ‘unjust enrichment’, where they feel paying VAT to a club will give it a financial advantage.

HMRC has since agreed to pay 33% of any claim to clubs that charge over £100 per person for a round of golf, and 55% of any claims will be paid to clubs that charge less than £100 per person per round.

This could affect you if you are a club with an outstanding claim due to you from HMRC. If you think it applies to your club you should read the briefing from HMRC.

If you have a claim pending with HMRC then you should contact the unit in Bootle (details are in the briefing) and confirm:
  • That you’ve made any necessary adjustments to your claim as per VAT information sheet 01/15
  • Confirm the cost of your green fees per person, per round
  • Confirm whether an interim payment of VAT is required.


If you have any questions please contact Rob Geary or Liz Hill.
 
Search our archive

Book your place at our upcoming seminar where our speakers will be providing analysis of the 2017 Autumn Budget:… t.co/1zfwl38e8R
9 hours ago

good luck to team #LovewellBlake at tonight's @ArnoldsKeys sports challenge finale!
10 hours ago