Further tax refunds for a fortunate NGB
The listing was posted by The Central Council of Physical Recreation
A small National Governing Body (NGB) have received a £70,000 tax refund through the hard efforts of CCPR enterprise Partner haysmacintyre, an audit and taxation advisor.
The NGB who has a modest annual income of £1.5m per annum were delighted with their tax savings.
Jeremy Beard, Head of Sport at haysmacintyre commented:
“It is essential that all our NGBs take full advantage of any opportunities to reduce the burden of taxation. In this specific instance, there were some basic conditions that needed to be met in order for HMRC to review the claim. This particular NGB is not unique and it is likely that many other NGBs could benefit in the same way”.