I do like back of fag packet maths threads. For what it's worth, VAT is added to sales @20%. As a VAT registered business, the club is in effect collecting VAT on behalf of HMRC. So your £20 ticket actually costs £16.67 plus VAT of £3.33. If the total gate receipt is £300,000, then the taxman gets £50,000 of this.
However, as some have already said, this will be reduced by any VATable supply costs that Argyle have incurred as a result of putting on the game. So for example, if the seats cost a total of £60,000 to install (I have no idea of the real figure), then £10,000 of this is VAT, so we would only pay £40,000 back to the taxman. Another example of VATable supply costs would be if we pay any staff through an agency, but not normal staffing costs.
And that's the end of today's back of fag packet maths lesson.