As part of the RYA affiliated club package, clubs can access a 30-minute consultation underwritten by the RYA, with an external tax consultant. Any additional services provided will be charged with a RYA discounted price. Clubs can gain insight and advice on the following:
Russell can offer support on any VAT related matter, including:
Contact Russel russellmoore@sportsvat.co.uk | 07710 329317
Richard can advise clubs on many Corporation Tax related queries.
He has also advised extensively on registering as a charity and Community Amateur Sports Club which not only provides Corporation Tax exemptions but also mandatory business rate relief and access to gift aid. He can be engaged by affiliates to provide additional services by means of direct engagement at a rate to be agreed.
Contact Richard rkbaldwin@btinternet.com | 01494 730059
As with our other specialists, as part of the RYA affiliated club package, clubs can access a 30-minute consultation underwritten by the RYA, with Mark. Any additional services provided must be negotiated directly. Mark can provide assistance and advice on business ratings for property holding RYA affiliates. Mark specialises in advising amateur sports organisations and has recently helped a number of sailing clubs achieve significant reductions to their rating assessments.
Contact Mark markradfordrating@gmail.com | 07399 471972
HMRC have introduced a simplified procedure for penalties and interest charged for the late submission or payment of VAT returns.
Whether your club is incorporated or not, you may face a Corporation Tax (CT) bill.
Russel warns that cost saving consultants are contacting clubs about paying too much VAT on fuel and power costs
Action may be required to protect club VAT
Numerous not-for-profit sports clubs have recently enjoyed material windfalls from VAT previously declared on sales