For my sins I've agreed to help out a social club move into the 21st century and automate their accounting processes.
I hadn't bargained for the variety of income streams and the headache of ascertaining which were vat-able and which were not.
eg. beginning with the easy one - bar takings, raffle, bingo, amusement machines, entertainments for members and non-members, private parties, members events, scratch cards, snooker and pool tables.
Can anyone help or know of a link which might help me shortcut the process? Thanks in advance
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Watch out for gaming machines
Watch out for the gaming machines - most club machines are now subject to Gaming Machine Duty (from 1 Feb 2013) and the takings from them become exempt for VAT purposes from that date - your social club could find themselves within the partial exemption rules for VAT and having to submit separate returns for gaming machine duty.