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| governance:payment_changes_2025 [2025/11/17 20:04] – felix | governance:payment_changes_2025 [2025/11/18 00:11] (current) – felix | ||
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| We now account for these separately, meaning donations (including top-up portions of membership Direct Debits over and above the minimum, as well as variable, irregular, and unsolicited payments) no longer count towards our VATable income. This does, however, require us to establish a minimum payment for membership at a reasonable market rate. We have chosen to set this at £5pcm as this has been our suggested minimum for some time, and is also established as the minimum amount at other Hackspaces. | We now account for these separately, meaning donations (including top-up portions of membership Direct Debits over and above the minimum, as well as variable, irregular, and unsolicited payments) no longer count towards our VATable income. This does, however, require us to establish a minimum payment for membership at a reasonable market rate. We have chosen to set this at £5pcm as this has been our suggested minimum for some time, and is also established as the minimum amount at other Hackspaces. | ||
| - | Please note, this £5pcm figure is not reflective of the true costs of running the space, and is not possible without the majority of members opting for the top up donation to our suggested payment of £15pcm or more. | + | Please note, this £5pcm figure is not reflective of the true costs of running the space, and is not possible without the majority of members opting for the top-up donation to our suggested payment of £15pcm or more. |
| ==== I am a Member, what do I need to do? ==== | ==== I am a Member, what do I need to do? ==== | ||