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finances:income [2026/05/12 18:07] – created rootfinances:income [2026/05/13 09:36] (current) root
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 ====== Income ====== ====== Income ======
 +
 +Income is fairly self explanatory - it's any money that's coming into the society. Most of the semantics of this are handled by the Guild and the website, but there's a few points that may be useful listed below.
 +
 +It's also worth remembering that any sales through the guild website incur a "booking fee" as below:
 +  * Sales less than £15: 50p
 +  * Sales equal to or greater than £15 and less than £40: £1.00
 +  * Sales equal to or greater than £40: £1.50 
 +
 +
 +===== Memberships =====
 +
 +Memberships must be purchased through the [[https://cssbham.com/join|website]] and must never be sold or paid for in cash. Memberships incur [[vat|VAT]] and so although our membership fee is £5 (as of 13/05/2026) - we only actually receive £4.17 of that, as the rest is lost to HMRC. 
 +
 +
 +===== Hoodies / Merch =====
 +
 +Generally for merch it's recommended to use the guild website, but this isn't required and in these cases sales can be made in cash and then paid into the guild. I (Matty) would typically recommend to use the website, purely because it makes collection of data easier and you know exactly who has purchased what, rather than having to rely on a committee member taking cash and writing things down. Merch sales will also incur [[vat|VAT]] whether made by the website or in cash.
 +
 +
  
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