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Vat Increase


Kmcalpin
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Presumably the club will just absorb the VAT increase? 40p extra per matchday ticket siphoned off by the Government.

Yes, the club will absorb!

 

Few SPL clubs aren't though, putting up ticket prices by £1 to cover the cost of the increase... Hearts and ICT being two of them.

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Yes, because the £100 would have already included the 17.5% vat.

 

To get the VAT exclusive price you divide the 100 by 1.175 which gives £85.11

 

Now add on 20% and you get £102.13

 

Difference of £2.13

 

I hope you don't/didn't go to Braidhurst :rolleyes:

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Well the ticket prices for the SPL games are already set for the season, so shouldn;t make a diffirence.

 

Maybe next season.....

 

Definitely next season, i think we are going to see the VAT increase as well as any increase the Club makes going on to the season book prices and individual match tickets. As well as that Pies, programs, Bovril etc will all go up as well, so much for trying to encourage fans to come back to games :rolleyes:

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Not sure if you're right there Kmcalpin.

 

When the season tickets were bought, VAT was charged at the prevailing rate on that day. There will be no further liability on the clubs.

 

In the main thats 100 % right. But they can up the prices for pay at the gate fans. Also a bigger cut of transfer fees will be siphoned off by the Government.

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