Update on the Golf Club VAT situation for anyone interested.

[Dodger]

I thought I would post an update on the latest news with regards the VAT on Visitor Fee Income Tribunal landmark case between HMRC and Bridport & West Dorset GC,for anyone that may be interested.

The outcome will not be known for a few weeks yet and no doubt this will rumble on and on and on if the outcome is in the golf clubs favour.

Whatever happens I know it will be a long time until clubs see their money if at all.

My betting is on a win for the clubs and then a lengthy appeal by HMRC which will mean an age to wait on any monies due.


http://www.scottishgolf.org/index.cfm?ob...AAA67FEC94D9CBD

 

[fundy]

Dodger

do you know on what basis they are appealing that visitor green fees arent standard rated?

 

[Dodger]

Dodger

do you know on what basis they are appealing that visitor green fees arent standard rated?

I don't know the ins and outs of it....VAT is a bloody minefield and best left to the Pro's.

I think it is something to do with a EU legislation that sporting clubs should be at a lower/nil rate??

As the link says,ask the Accountants,all I know is that there may be substantial windfalls coming for those clubs who have appealed.

 

[fundy]

thanks Dodger, Im out of touch with it, remember doign a lot of work the first time round when the initial vat appeals went through, will have to do some digging again

 

[Deleted member 1147]

As an accountant I agree, we should leave this to the experts.
Anyone know of any??