Issue - decisions

VAT Partial Exemption Mitigation Options Report

29/11/2017 - VAT Partial Exemption Mitigation Options Report

The Committee:

(1)          Noted the implications of the Council’s limited VAT recovery position.

(2)          Agreed to the recommendations 1-3 at paragraph 4.9 of this report to mitigate the risk of having to repay in excess of £176,468 of recovered VAT to HMRC.

(3)          Noted that officers will investigate and report back on further actions that may be required at other buildings to improve the Council’s VAT position and mitigate the risk of future repayments.