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HM Accountax Ltd
HM Accountax Ltd, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 455
Experience:  I am an accountancy professional with more than10 years hand on experience in audit, accountancy and tax affairs.
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Tax experts! I run a small sided football league which is a

Customer Question

Hi Tax experts!I run a small sided football league which is a franchise business with leisure leagues. Leisure league is a non-profit organisation.
My income from this is above £85,000. I understand this is an exempt for VAT purposes. Can you confirm this?
Submitted: 20 days ago.
Category: Tax
Expert:  HM Accountax Ltd replied 20 days ago.

Hi,

I am an advisor at JA and happy to assist you

I am looking into your query and come back to you shortly.

Regards

HMAT

Expert:  HM Accountax Ltd replied 20 days ago.

Hi,

if all business is run under the umbrella of non-profit organisation then its exempt.

Regards

HMAT

https://www.gov.uk/guidance/sport-supplies-that-are-vat-exempt-notice-70145

Customer: replied 20 days ago.
If exempt, Do I need to apply for exemption certificate or just ignore VAT completely?
Expert:  HM Accountax Ltd replied 20 days ago.

no need to apply for anything.

Customer: replied 20 days ago.
But the profit i make is taxed normally?
Expert:  HM Accountax Ltd replied 20 days ago.

Yes

Customer: replied 20 days ago.
I am trying to make sense of this notice link you have provided. Can you confirm if my nature of work is exempt from VAT.. PLEASE
Expert:  HM Accountax Ltd replied 20 days ago.

Yes, it is exempt