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Golf!

I'm going to set up some finance processes for some friends who have just taken over running a 9 hole pitch and putt golf course.. Not sure about the VAT implications of this, and whether VAT is chargeable on the income? Have been searching Revenue & Customs Website, but can't find any guidance. The course is open to the public, but doesn't operate as a members club.. Any thoughts / guidance much appreciated!

Comments

  • jow774jow774 Trusted Regular Registered Posts: 465
    http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageLibrary_ShowContent&id=HMCE_PROD1_023656&propertyType=document

    Try this link. Also try your local golf union or R&A. VAT is a bit of a grey area with golf clubs, but as a rule member owned ones dont pay VAT, privately owned ones do.
  • calledtoaccountcalledtoaccount Just Joined Registered Posts: 3
    Golf!

    Thanks for info - not sure this will apply as the course is "Pay and Play" rather than club with membership fees/subscriptions...

    Will look further into it!!

    Thanks

    Neil
  • jow774jow774 Trusted Regular Registered Posts: 465
    As I understand it, if its privately owned, above the VAT threshold and aiming to make a profit you pay VAT. If they are running it as a charity there is then a grey area.
  • calledtoaccountcalledtoaccount Just Joined Registered Posts: 3
    Golf!
    jow774 wrote: »
    As I understand it, if its privately owned, above the VAT threshold and aiming to make a profit you pay VAT. If they are running it as a charity there is then a grey area.

    That's what I thought!! Thanks for clarification... It still shocks me that people going into business don't even consider this sort of thing - they've been going a few months now and haven't even thought about bookeeping or speaking to an accountant...
  • JodieRJodieR Experienced Mentor Registered Posts: 1,002
    If they provide golf tuition then I don't think you need to account for VAT on income from lessons (but you will do on everything else). I don't know exactly what criteria need to be met for tuition to qualify as exempt from VAT though, you'll need to look into it.
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