80 VAT on Election Expenses PDF 69 KB
This report seeks authorisation to use £50,903 from the Council’s VAT reserve to fund the repayment to HMRC of over recovered VAT on the cost of holding elections.
Decision:
Following consideration, it was resolved that the Committee:
(1) Agreed that £50,903 can be transferred from the VAT reserve to fund repayment to HMRC of over recovered VAT.
Minutes:
The Committee received a report seeking authorisation to use £50,903 from the Council’s VAT reserve to fund the repayment to HMRC of over recovered VAT on the cost of holding elections.
Following consideration, it was resolved unanimously that the Committee:
(1) Agreed that £50,903 can be transferred from the VAT reserve to fund repayment to HMRC of over recovered VAT.