Return to front page

Newest article: Re: FT Coton 0 v Boro 2 by WilkinsfYesterday 22:49Yesterday at 22:49:10view thread

Oldest article: January 200 Club Draw by Anonymous2/2/2024 19:00Fri Feb 2 19:00:02 2024view thread

MenuSearch

Next thread: Coton Green Saturday by Lord of the Manor I'm6/1 15:25Mon Jan 6 15:25:32 2025view thread

Re: TREASURERS UPDATE- Dec 2024

By LH9/1 21:21Thu Jan 9 21:21:27 2025In response to Re: TREASURERS UPDATE- Dec 2024

Views: 364

We are yet to hit the VAT registration threshold - but not far away.

As for Corporation Tax, we will be subject to tax on surpluses made in the year - this will be reported in our accounts for the financial year which ends in June. However, we expect to spend some of the surplus before then, and some of the reported income can be deferred, so the amount of tax we will largely dependent on how the "Back to Nuneaton" progresses over the next six months.

Our monthly management accounts are produced on an EBITDA basis, so the impact of Corporation Tax is excluded.

reply to this article | return to the front page

Next article in this thread: Re: TREASURERS UPDATE- Dec 2024 by VoR9/1 21:42Thu Jan 9 21:42:21 2025

Previous thread: Gala Field by VoR8/1 12:26Wed Jan 8 12:26:16 2025view thread