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.
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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 ?