I have been asked by local village hall for advice on registering for VAT as they want to build a multi-use-games-area (build in the loosest sense, looks to be setting up pitches on the recreation area)
Cost will be about £70k plus VAT of around £14k which they would like to reclaim. But if they register to reclaim this I think they need to charge VAT on the hall bookings? And am I correct in thinking all bookings will need to be via a subsidiary as this is business activity - have I read the HMRC notice correctly? I also spoke to HMRC earlier who said the same. If anyone has any alternative ideas I'd be very grateful as this is only my interpretation. If this is a straighforward yes, register but reclaiming needs to be restricted etc or no this is why I am happy to act for them but I suspect I might need to pass on to someone with more charitable VAT experience.