240419 ARC cover Paper 3 Cairngorms 2023 VAT Review

This document contains an internal audit VAT review of the Cairngorms 2030 programme. Azets, a firm of accountants, reviewed the Park Authority's activities and found no current VAT issues. However, potential risks may arise as projects progress, especially when agreements are drafted or problems need solving. Azets recommends creating a checklist to identify and manage these VAT risks for each project and suggests engaging Azets to explain these VAT issues to non-finance staff. A quote of £5,280 (including VAT) was given for this work.