You’re right about the grants being tax free (technically outside the scope of vat) provided the grantor gives them freely and without conditions attached which is the case here.Darlofan97 wrote:I could be wrong, but I should imagine that these grants are tax free amounts, whereas any sale of match-day tickets would be subject to VAT deductions.
£30k per month seems like enough, as long as it continues until the end of the season or whenever fans are allowed back in, whichever is earlier.
This funding, coupled with other income sources, should suffice. Nonetheless, if there was ever a time to continue to support the club financially (if you can) then this is it.
In normal circumstances the club would need to gross £36k to pocket £30k net.
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