Ravinous wrote: If an event makes a loss, does it not still have to pay levy?
Correct , the levy is payable on the number of runners, regardless of the profitability of the event
Ravinous wrote:i cant remember who it was exactly I was talking to - it was a key organiser at BOC I think - who said that BOF were going to take their Super BOF/JK Levy Tax (which I think is a flat 4k (or maybe 6k?)) that is applied to BOC/JK even if the event made a loss. Luckily I think it generated the money needed to create this large profit to pay BOF what it asks for, even though the wo/man hours for the event, the financial risk and the organisational burdens are borne by the local/organising club(s)/region.
BOF work on a 2/3 share of the profit for JK and BOC/BRC (the other 1/3 goes to the region) BUT the organisers need to budget to get a profit of at least the amount of the levy. That is around £2 per run, so for this years JK that is around £18,000 to BOF and £9,000 to the region. Almost as much as the landowners got
