Recover Vat on Eqpt (partly funded by grant)?

CASC status org receipted £25k grant towards Capital Exp Project costing £27.5k plus vat

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Hello, would anyone be able to confirm if the vat can be recovered by a CASC status local Cricket Club upon the purchase of cricket nets, for which £25k has been receipted for the project in the form of a grant.

The costs of the nets are £27.5k, plus vat. 

Thank you in anticipation of your responses.

 

 

Replies (3)

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RLI
By lionofludesch
08th Dec 2017 09:37

Tell us more about your club. When you say "local", I take it that means local to you.

Is it registered for VAT ?

Does it reclaim VAT on other equipment it buys ?

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Replying to lionofludesch:
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By Jacq_Maud
08th Dec 2017 10:02

Hello, yes it is vat registered and yes it has previously reclaimed vat on its purchases and capital equipment. As this is partly funded by the grant, I wasn't sure if this is treated differently for vat purposes?

Many Thanks

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Replying to Jacq_Maud:
RLI
By lionofludesch
08th Dec 2017 10:09

The grant won't affect your claim.

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