TIME is running out for churches to claim a refund of the VAT on the cost of repairs to items such as organs and bells, which they are entitled to do under the Listed Places of Worship Grant Scheme (LPWGS).
From 4 January, it will no longer be possible to claim the VAT for repairs to organs, pews, bells, and clocks, or for fees paid to architects and other professional advisers. Work that is done to the fabric of the church building, however, such as the roof, floor, and walls, will continue to be eligible for a refund under the scheme.
Church Times 31 December 2010
You might wonder why I care about this. Well up until this last week I didn’t. To be fair I didn’t know about it.
Last week was Ethan’s first proper week attending choir practise and we received information about a Sponsored Silence being held later in the month. Ethan was being invited to take part.
The following paragraph grabbed my attention:
You may know that we are in the final stages of raising funds for the renovation of our organ which will begin in April 2011. Until recently the fundraising was running more or less on schedule. However, as part of the government’s recent Spending Review, the scheme whereby we can reclaim VAT comes to an end from 1st January. Indications are that we now need to raise in the order of an additional £20,000. The sum will also include the increase in VAT from 17.5% to 20% from January. So, we have been hit twice!
Having read this, you still might not care, but if you do care and fancy sponsoring Ethan, then please get in touch.
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