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mayday
27th Jun 2000, 00:33
So whats the story? Apparently LAC are telling new students that they no longer charge VAT? How is this possible?

PA38
27th Jun 2000, 01:56
Turnover is so low that they are no longer VAT registered, or they contribute to the Labour party central funds (whoops did I say that)
Can't think of any other reason!

Squealing Pig
27th Jun 2000, 03:27
It is partial exemption negotiated with customs & excise for sporting & leisure activities.

Flt training, ground school, exams and landing fees are VAT exempt except for corporate bodies.
Shop purchases, oil and fuel are not.

Balance!
27th Jun 2000, 12:31
This is stunning... Is this truly the case. If so, why isn't anyone else doing it, do you think? Anyone have any more details?