My club (Blackwood) has been put up for sale because they've been hit with a VAT bill that's been backdated for 7 years and totals over £0.5 million. They thought they had VAT exempt status like most other (members') clubs but because it's pay and play, the rules for them are different. No one realised this! Here's the story.
Anyone got a few million to spare?! On the other hand, maybe we can sue someone for not advising us properly...
Anyone got a few million to spare?! On the other hand, maybe we can sue someone for not advising us properly...