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Nigel Wearne
Moderator
Username: Nwearne

Post Number: 1
Registered: 10-2006
Posted on Sunday, October 15, 2006 - 4:23 pm:   Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)
At the Financial Consultation yesterday it was suggested that receipt of lottery funding for a project that would otherwise be eligible for reclaim of VAT as a qualifying project under the Listed Places of Worship Scheme (http://www.lpwscheme.org.uk/) precluded a claim for refund of VAT. Other attendees had different experiences. It would be a pity if these different experiences were not shared with all. I hope those who took part in this discussion will share their findings.
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Paul Barlow
New member
Username: Pbarlow

Post Number: 5
Registered: 10-2006
Posted on Tuesday, October 31, 2006 - 8:40 pm:   Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)
I recall that the grant application forms you complete make it clear that if you receive grants from certain bodies, the Lottery Fund being one such body, these are deductible from the LPWS grant. If the whole cost of a project is funded by the Lottery it would clearly be inequitable if you could also reclaim VAT on that expenditure.
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Mr J Buckley
New member
Username: Jbuckley

Post Number: 2
Registered: 10-2006
Posted on Friday, March 23, 2007 - 8:19 am:   Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)
We are going to discuss this next week. Our grant of EHLF (Eng Heritage Lottery Fund) funding makes clear that we will make use of LPW VAT recovery and they have taken thsi into account in determining our grant. I hardly see that the two can be inconsistent in our case.

On a different tack, can someone help me over our cash flow issues? How long does LPW VAT recovery take to pay up? Can we do reclaims "as we go" or do we have wait for project completion?

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