{"product_id":"a-walk-down-the-fairway-of-value-added-tax-a-practical-guide-to-vat-for-golf-clubs-paperback-softback-9781907444753","title":"A Walk Down the Fairway of Value Added Tax; A Practical Guide to Vat for Golf Clubs (Paperback \/ softback) 9781907444753","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eA Walk Down the Fairway of Value Added Tax\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA Practical Guide to Vat for Golf Clubs\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eIan Fleming (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781907444753\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 25 February 2013\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e100 pages\u003cbr\u003e22.9 x 15.2 x 1.5 cm, 0.666 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis is a timely update of Ian Fleming’s invaluable guide, first published in 2006.\u003cbr\u003e\u003cbr\u003eFor 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.\u003cbr\u003e\u003cbr\u003eThis book explains the basic rules of VAT as they affect golf clubs. Written 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. The author offers practical advice, such as how to avoid an unexpected VAT bill on a refurbishment of the clubhouse.\u003cbr\u003e\u003cbr\u003eWith 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.\u003cbr\u003e\u003cbr\u003eThe third edition includes a new chapter to cover the consequences of the \u003cem\u003eBridport and West Dorset Golf Club\u003c\/em\u003e case and new HMRC guidance.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eFOREWORD. v\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 1: THE STANCE. 1\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eThe Status of Golf Clubs. 1\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 2: THE GRIP. 5\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eThe VAT Exemption for competition and entry fees. 5\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 3: THE RULES OF GOLF. 7\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eThe VAT Exemption for Sport and Physical Recreation. 7\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 4: A BIRDIE OR AN EAGLE. 11\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e1990 Refunds of VAT. 11\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 5: BUNKER PLAY. 13\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003ePartial Exemption. 13\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 6: DRIVER OR A NINE IRON. 17\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eVAT Liability –\u003cbr\u003e taxable or exempt?. 17\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 7: THE HANDICAP SYSTEM. 21\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eThe VAT Legislation and liability of fees. 21\u003cbr\u003e\u003cbr\u003eMeaning of “\u003cbr\u003eindividual”\u003cbr\u003e. 22\u003cbr\u003e\u003cbr\u003eSocial Facilities. 22\u003cbr\u003e\u003cbr\u003eArtisan Golf Clubs. 23\u003cbr\u003e\u003cbr\u003eGoverning Bodies. 23\u003cbr\u003e\u003cbr\u003eCommercial Influence. 24\u003cbr\u003e\u003cbr\u003eEmoluments. 25\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 8: MIXED FOURSOMES. 27\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eAttribution of input tax to taxable supplies –\u003cbr\u003e some specific examples of club expenditure 27\u003cbr\u003e\u003cbr\u003eThe Clubhouse. 27\u003cbr\u003e\u003cbr\u003eBar and Catering. 29\u003cbr\u003e\u003cbr\u003eThe Course. 31\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 9: LOCAL RULES. 33\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eLess common VAT rules. 33\u003cbr\u003e\u003cbr\u003eGaming Machines. 33\u003cbr\u003e\u003cbr\u003eLotteries. 33\u003cbr\u003e\u003cbr\u003eEntry Fees. 34\u003cbr\u003e\u003cbr\u003eValue of supplies. 34\u003cbr\u003e\u003cbr\u003ePrizes. 35\u003cbr\u003e\u003cbr\u003eLetting of Sports Facilities. 36\u003cbr\u003e\u003cbr\u003eThe Golf Professional 36\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 10: AN 18 HOLE PLAY-OFF. 39\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eRecent decisions of the Courts and Tribunal that materially affect accounting for VAT by members’\u003cbr\u003e clubs 39\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eCHAPTER 11: A VISIT FROM THE ROYAL AND ANCIENT GOLF CLUB 47\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eHow to deal with a VAT inspection. 47\u003cbr\u003e\u003cbr\u003eCONCLUSION. 51\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eAPPENDIX A: \u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eLegislation Extracts. 53\u003cbr\u003e\u003cbr\u003eEC 6\u003csup\u003eth\u003c\/sup\u003e Directive, Article 13. 53\u003cbr\u003e\u003cbr\u003eVATA 1994. 54\u003cbr\u003e\u003cbr\u003eIncome and Corporation Taxes Act 1988 s. 839. 62\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eAPPENDIX B:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eHMRC notices. 65\u003cbr\u003e\u003cbr\u003eCustoms \u0026amp;\u003cbr\u003e Excise Business Brief 3\/96. 65\u003cbr\u003e\u003cbr\u003eHM Revenue \u0026amp;\u003cbr\u003e Customs Budget Notice BN 78 dated 12\u003csup\u003eth\u003c\/sup\u003e March 2008 67\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eAPPENDIX C:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eGolf Club VAT cases. 71\u003cbr\u003e\u003cbr\u003eEU Legislation. 71\u003cbr\u003e\u003cbr\u003eWhether or not a non-profit making body. 75\u003cbr\u003e\u003cbr\u003eRecovery of input tax. 78\u003cbr\u003e\u003cbr\u003eVAT liability of income. 81\u003cbr\u003e\u003cbr\u003eDifferent classes of membership. 83\u003cbr\u003e\u003cbr\u003eMiscellaneous. 83\u003cbr\u003e\u003cbr\u003eDefault Surcharge Assessments. 87\u003cbr\u003e\u003cbr\u003eIndex. 89\u003c\/font\u003e\u003c\/p\u003e\u003c\/font\u003e\r\n\r\n\r\n\r\n\r\n","brand":"Spiramus Press","offers":[{"title":"Brand 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