
Sports & Leisure

Our specialists can assist in a range of VAT & Tax areas
Calculating VAT and Tax liabilities for clients in the sports and leisure industry can be a challenge. It’s an area of taxation that deals with the supply of services and facilities for playing sports, or taking part in physical recreation. It also includes physical education and competitions, and in many cases, the supply of services can be exempt from VAT.
At Deeks VAT Consultancy we have years of experience in calculating VAT for sports and leisure organisations. We offer a full VAT health check, to review a client’s circumstances and determine how its VAT obligations can best be met. This will also serve to identify any areas where VAT can be saved or claimed back.
We have also provided planning advice to eligible bodies, to ensure their services are taxable. This generally applies to not for profit organisations such as sports clubs, and allows significant recovery of VAT on the construction of new sports facilities. We can also offer advice to commercial providers, to determine whether there is any scope for VAT exemption.
Different VAT ratings are applied to specific facilities and services supplied by, for instance, a sports club, so it’s important to apportion the right one. There are also separate VAT liabilities for a single supply and for multiple supplies. Given that VAT payments are frequently not recoverable, there is considerable incentive to claim any eligible exemptions. HMRC have been known to deny exemptions in certain circumstances, but these rulings have been successfully challenged in recent years.
Deeks VAT Consultancy are fully invested in assisting sporting organisations to meet their VAT obligations and achieve the best possible outcome for their VAT liability. This includes determining exemption status, identifying all possible VAT reliefs and ensuring that an organisation is VAT compliant so as to avoid any financial penalties.
Latest news & insights
View all news & insights- News
Deeks VAT News issue 39
Welcome to this months Newsletter December 2023 issue 39 Keeping you up to date on VAT changes In this months newsletter we cover the following: Changes to the DIY Housebuilders’ Scheme Best Judgement: what is it, and why is it important? Updated guidance on zero-rated exports New rules for registration and reporting in the EU […]
- News
Deeks VAT News Issue 30
Welcome to the latest edition of Deeks VAT News. January 2023 – Issue 30 Keeping you up to date on VAT changes In this edition of the months newsletter we cover the following: Insurance partial exemption Doctors and healthcare professionals So what does VAT registration mean? Discounts – value of supply. The TalkTalk case. […]
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Changes to the VAT DIY Housebuilders Scheme
Embarking on self-build projects can yield significant VAT savings through the DIY Housebuilders scheme. With the spring Budget 2023’s announcement, the scheme is set to digitize, extending claim periods from three to six months starting 5 December 2023. Understand what qualifies for VAT reclaim and how these changes can benefit your project. For any queries, reach out to Jane at Deeks VAT.
Want to find out how we can help?
Here at Deeks VAT Consultancy we can help all types of businesses, either personally or acting on your behalf for your clients. Drop us a message and one of our specialists will be in touch to discuss how we can help.
Jane: +44 (0) 7710 553831
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