[cma-l] Charitable Status
Office - ccr-fm
office at ccr-fm.co.uk
Tue Feb 8 14:22:57 GMT 2011
Alex
We should be OK long term then ?? what am I saying ?? !
long term
.. the whole idea of my original comments was that long term
looks unlikely at the current rate of developments.
Nevermind
we soldier on with will power alone for now.
Regards
Nick
_____
From: Two Lochs Radio [mailto:tlr at gairloch.co.uk]
Sent: 08 February 2011 13:45
To: Office - ccr-fm; 'jaqui devereux'; 'CMA-L'
Subject: Re: [cma-l] Charitable Status
Nick
It may not be easy to sustain a station on much less than £50k total (though
we do), but bear in mind that grant and donation income, and wages
expenditure are 'non-business' items outside the scope of VAT, so don't
count towards the threshold, which is based on your supply of goods and
services to others in the course of business.
Wages are often the largest outgoing for a small community station. It is
quite possible to be running a station whose business outputs that are
within the scope of VAT are well below the threshold. Equally this is why it
is possible for such a station to be a net recipient of VAT repayment.
You are only forced to register for VAT if your supply of goods and services
by way of regular business exceeds £70,000 per annum, not your total
turnover or ocaasional activities not falling within the meaning of
business.
Alex
----- Original Message -----
From: Office - ccr-fm <mailto:office at ccr-fm.co.uk>
To: 'jaqui devereux' <mailto:jaqui.devereux at commedia.org.uk> ; 'CMA-L'
<mailto:cma-l at commedia.org.uk>
Sent: Tuesday, February 08, 2011 11:31 AM
Subject: Re: [cma-l] Charitable Status
Jaqui n all
Hey ! I have spotted something here
of course the discussion is
about V.A.T.
and Jaqui mentions the extra admin and the hassle (we
should be all use to it by now anyway) but, the interesting fact is
this (as Rolf Harris would say have you guessed what it is yet?)
Jaqui mentions near the threshold or not my observation
is this
.. if you aint anywhere near the threshold and trust me
this last 12 months we have really slipped away from that threshold
may I ask the question ?
WHEN ARE YOU HOLDING YOUR CLOSING DOWN SALE ?
If you catch my drift?
How does anyone survive on less than at least fifty five grand
.. here
lies our problem
. We operated this year on about £48,000 and now we
are in the proverbial. We know the illnesses and the symptoms, but the DCMS
doctor wont prescribe any medicine
I think its a case of go and
have a lie down, youll be OK in a week or two
no we wont Mr Doctor
. Were dying !
Croak croak gulp gulp
.. Help !
Regards
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