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governance:meetings:2025:q4 [2025/09/11 16:03] – felix | governance:meetings:2025:q4 [2025/09/11 16:29] (current) – felix | ||
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As previously mentioned Nottinghack have already encountered this issue, and hired a VAT specialist who recommended the £5 minimum. This was then clearly accepted by HMRC, as they stopped fining them! Conveniently for us, we are now able to point to that precedent. | As previously mentioned Nottinghack have already encountered this issue, and hired a VAT specialist who recommended the £5 minimum. This was then clearly accepted by HMRC, as they stopped fining them! Conveniently for us, we are now able to point to that precedent. | ||
+ | |||
+ | === Timeline === | ||
+ | Proposing deadline of Feb 1st 2026 (3 full calendar months time) to allow for several email reminders. | ||
=== If this passes, what do I need to do? === | === If this passes, what do I need to do? === | ||
If you: | If you: | ||
* Currently pay £5 or more by Direct Debit – Nothing! But consider reviewing the amount of your Direct Debit if your financial circumstances have changed. | * Currently pay £5 or more by Direct Debit – Nothing! But consider reviewing the amount of your Direct Debit if your financial circumstances have changed. | ||
- | * Currently pay less than £5 by any method – Move to one of our Direct Debit options to retain membership. | + | * Currently pay less than £5 by any method – Move to one of our Direct Debit options |
- | * Currently pay any amount by standing order – Move to one of our Direct Debit options to retain membership OR continue to pay a standing order as a donation to the space, but be aware this will no longer count towards membership. | + | * Currently pay any amount by standing order – Move to one of our Direct Debit options |
- | + | ||
- | === Timeline === | + | |
- | Proposing deadline of Feb 1st 2026 (3 full calendar months time) to allow for several email reminders. | + | |
=== Direct Debit options === | === Direct Debit options === |