Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 17/03/2015
Reason for urgency:
Council Officers continue to monitor the VAT recovery position for the new Queens Park Sports Centre. Recent advice from an external VAT expert who is advising the Council on this project is that we may need to consider opting to tax the new Centre in order to avoid exceeding the exempt VAT recovery limit. Opting to tax will mean having to add VAT to any charges for hiring space at the new Centre. The external adviser is currently undertaking further work to establish if this course of action will be necessary and, if it is, the decision to ‘opt to tax’ must be made before the end of this financial year i.e. by 31st March 2015.
Decision due: 24 Mar 2015 by Cabinet
Contact: Email: barry.dawson@chesterfield.gov.uk Tel: 01246 345451.
Consultation process
Meetings
Key decision No.: 508