Issue - meetings

Division/Wards Affected: All

Purpose: To determine the impact that any planned investment at the authority’s leisure facilities will have when combined with the decision for the Council to adopt the Ealing VAT ruling on the overall right to recover VAT on all Council costs.

This review models the potential level currently estimated and advised of VAT likely to be incurred on the proposed leisure redevelopments in the context of other known or budgeted VAT spending to support the delivery of current service plans across the Council. 

Author: Peter Davies, Chief Officer for Resources

Contact Details: peterdavies@monmouthshire.gov.uk

To submit retrospective claims in respect of the Ealing VAT ruling.

That the Council’s processes and systems are amended to the allow Ealing Ruling to be adopted from the 1st of November 2019.

That an appraisal of outsourcing the Caldicot leisure investment to a third party be undertaken.

To continue to closely monitor VAT costs, especially costs spent in VAT exempt areas, and where necessary to identify and advise on options using a “look forward” approach and that would mitigate any future likelihood of losses of irrecoverable VAT that might arise through the breach of the Council’s partial exemption calculation and 5% threshold.