Re: TREASURERS UPDATE- Dec 2024
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No problem, very sensible question.
Obviously some of our costs to date include unrecoverable VAT, but this has been more than offset by us being able to keep 100% of our gate receipts. A significant portion of our turnover is outside the scope of VAT, which has kept us below the £90k registration threshold, but VAT will kick in from 1st March.
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