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Player Coach | 12741 | Hull FC |
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Nov 2006 | 19 years | |
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| Quote Jake the Peg="Jake the Peg"Bollox, we pay tax (I assume you mean VAT) based on the VALUE of tickets sold. there is no direct relationship between the announced attendance and the amount of VAT we collect and pay'"
I believe we have to pay a form of income tax.
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Player Coach | 31171 | Hull FC |
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Mar 2007 | 18 years | |
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| Quote TKOAH="TKOAH"I believe we have to pay a form of income tax.'"
We pay corporation tax on any profit we make at our financial year end.
if anyone can let me know how much tax/VAT we pay on a 10,300 crowd I'd love to know
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Moderator | 36786 | Hull FC |
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Jul 2003 | 22 years | |
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Jan 2025 | May 2023 | LINK |
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| Quote Jake the Peg="Jake the Peg"Bollox, we pay tax (I assume you mean VAT) based on the VALUE of tickets sold. there is no direct relationship between the announced attendance and the amount of VAT we collect and pay'"
How do you think the VALUE of tickets sold is arrived at?
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Player Coach | 31171 | Hull FC |
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Mar 2007 | 18 years | |
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| Quote Kosh="Kosh"How do you think the VALUE of tickets sold is arrived at?'"
By the amount of income we receive for them. The announced attendance doesn't dictate it and to suggest that inflating the attendance figure is in some way fiddling HMRC is complete tosh
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Moderator | 36786 | Hull FC |
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Jul 2003 | 22 years | |
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| Quote Jake the Peg="Jake the Peg"By the amount of income we receive for them. '"
Which is the product of the individual ticket price multiplied by the number of tickets sold, yes?
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Club Owner | 17560 | Hull FC |
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Mar 2004 | 21 years | |
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| Quote Kosh="Kosh"Which is the product of the individual ticket price multiplied by the number of tickets sold, yes?'"
but what if all 10,300 were concessions paying £10?
its impossible to tell from just the attendance figure, some paid £10 to go, some paid £50+ for a corporate seat
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Player Coach | 15980 | No Team Selected |
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Jan 2006 | 19 years | |
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May 2016 | Jun 2015 | LINK |
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| Quote UllFC="UllFC"but what if all 10,300 were concessions paying £10?
its impossible to tell from just the attendance figure, some paid £10 to go, some paid £50+ for a corporate seat'"
They will know exactly how many of each type of ticket was sold and how many of each type payed on the day.
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Club Owner | 17560 | Hull FC |
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Mar 2004 | 21 years | |
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| Quote Robbo4="Robbo4"They will know exactly how many of each type of ticket was sold and how many of each type payed on the day.'"
the club will, but i doubt they post off all 10,300 stubs to the taxman
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Moderator | 36786 | Hull FC |
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Jul 2003 | 22 years | |
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| Quote UllFC="UllFC"but what if all 10,300 were concessions paying £10?
its impossible to tell from just the attendance figure, some paid £10 to go, some paid £50+ for a corporate seat'"
Indeed.
All of which detail has to be made available to the VAT man, so that he can make sure that you're paying the correct amount of VAT.
So - let's say we invent a few thousand fans to boost the gates. When the VAT man comes calling we have receipts for one number of tickets but an officially announced attendance that indicates that we sold a few thousand more. Difficult to explain and harder to prove.
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Club Owner | 5397 | No Team Selected |
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Mar 2004 | 21 years | |
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Apr 2011 | Jul 2010 | LINK |
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| To the conspiracy theorists, why are the club only announcing false attendances now? Why not announce 20,000 every week (all paying concession prices, of course) and be the biggest supported team in the country? Why announce an attendance that is well below our average, that still shows that numbers are dropping off with the dross being served up? What are the club gaining by announcing the lowest crowd figure for a long time?
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Club Coach | 5208 | No Team Selected |
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Oct 2005 | 20 years | |
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Feb 2014 | Sep 2010 | LINK |
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| Quote Kosh="Kosh"Wrong. That's only City. We have a voucher exchange scheme so can't count passholders who aren't there even if we wanted to.'"
Really? i'm wrong?
So the 2 guys in charge fo the gates who i know personally must be lying then.
PS. You got back from the game quick
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Player Coach | 12166 | No Team Selected |
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Jan 2006 | 19 years | |
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| Quote Hull Kingston Convicts="Hull Kingston Convicts"
So the 2 guys in charge fo the gates who i know personally must be lying then.
'"
Yes.
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