Bulls could gain from VAT Cut

The cut in the rate of VAT could work to the advantage of Hereford United and other football clubs.

VAT is included in the admission charge supporters pay at the gate.

So a £14 ticket for the Meadow End at Edgar Street is effectively £11.92 plus £2.08 in VAT. With the reduction in VAT to 15% the charge is £12.18 plus £1.82 in VAT.

Assuming a 3,000 gate of which 2,000 pay at the turnstiles, Hereford United could gain 0.26 per person for adults and around 10p for youngsters. Perhaps a gain of around £300 per home game.

Every little helps.

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