A WALK DOWN THE FAIRWAY

OF VALUE ADDED TAX

A practical guide to VAT for golf clubs

second edition
 

 IAN FLEMING, FIIT

Price £18.95       

Publication date February 2009

ISBN: 978 1904905 88 2 

Revised to take account of the changes as a result of the Canterbury Hockey Club and Ladies Hockey Club case.

VAT is probably the furthest thought from anyone’s mind as they look out from the clubhouse towards the first tee. But for anyone involved in the administration of golf clubs, and in particular with their finances, grappling with VAT has been a thorny issue ever since it was introduced in the UK in 1973.

This book is intended as a guide to the basic rules of VAT as they affect golf clubs for club secretaries, treasurers, finance committee chairmen and accounting practices that have golf clubs as their clients. It highlights many of the most common problems likely to arise in the context of VAT, and offers some practical solutions, such as how to avoid an unexpected VAT bill on a refurbishment of the clubhouse.

With this book as a reference, it will be easier to avoid the many VAT “bunkers” which can create unwelcome and costly traps for golf clubs.

About the author

Ian Fleming spent 26 years with Customs before joining the Armstrong Watson Group of Chartered Accountants in 1989. He retired in 2007 but not before setting up his own consultancy business, Indirect Tax Cumbria, in 2006. He has experience of the full range of customs & excise work, VAT, and the other indirect taxes. He is a Fellow of the Institute of Indirect Taxation and also a Council Member. He can be contacted by e-mail - ianfleming@greentaxes.co.uk.