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    Eligible Costs Poboljšano

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    goranacurgus
    The document outlines the conditions for costs to be considered eligible for a grant or funding. Specifically: (1) Costs must be incurred during the implementation period and indicated in the estimated budget. (2) Costs must be connected to approved grant activities and identifiable/verifiable in accounting records. (3) Costs must comply with applicable tax and social legislation and the principles of sound financial management. Eligible costs include personnel, travel, equipment, supplies, premises, and indirect costs. Ineligible costs include VAT, financial costs, provisions, contributions in kind, and excessive spending.

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    Eligible Costs Poboljšano

    Uploaded by

    goranacurgus
    5 views2 pages
    The document outlines the conditions for costs to be considered eligible for a grant or funding. Specifically: (1) Costs must be incurred during the implementation period and indicated in the estimated budget. (2) Costs must be connected to approved grant activities and identifiable/verifiable in accounting records. (3) Costs must comply with applicable tax and social legislation and the principles of sound financial management. Eligible costs include personnel, travel, equipment, supplies, premises, and indirect costs. Ineligible costs include VAT, financial costs, provisions, contributions in kind, and excessive spending.

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    eligible costs poboljšano

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    The document outlines the conditions for costs to be considered eligible for a grant or funding. Specifically: (1) Costs must be incurred during the implementation period and indicated in the estimated budget. (2) Costs must be connected to approved grant activities and identifiable/verifiable in accounting records. (3) Costs must comply with applicable tax and social legislation and the principles of sound financial management. Eligible costs include personnel, travel, equipment, supplies, premises, and indirect costs. Ineligible costs include VAT, financial costs, provisions, contributions in kind, and excessive spending.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views2 pages

    Eligible Costs Poboljšano

    Uploaded by

    goranacurgus
    The document outlines the conditions for costs to be considered eligible for a grant or funding. Specifically: (1) Costs must be incurred during the implementation period and indicated in the estimated budget. (2) Costs must be connected to approved grant activities and identifiable/verifiable in accounting records. (3) Costs must comply with applicable tax and social legislation and the principles of sound financial management. Eligible costs include personnel, travel, equipment, supplies, premises, and indirect costs. Ineligible costs include VAT, financial costs, provisions, contributions in kind, and excessive spending.

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    Conditions for the eligibility of costs

    (a) they are incurred within the implementation period, with the exception of costs relating to the request for
    payment of the balance;
    (b) they are indicated in the estimated budget of the action.;
    (c) they are incurred in connection with the action as described in Internal Agreement;
    (d) they are identifiable and verifiable, in particular they are recorded in the beneficiary’s accounting records
    and determined according to the applicable accounting standards of the country where the beneficiary is
    established and according to the beneficiary’s usual cost accounting practices;
    (e) they comply with the requirements of applicable tax and social legislation; and
    (f) they are reasonable, justified and comply with the principle of sound financial
    management, in particular regarding economy and efficiency.

    Eligible costs are:

    1. the costs of personnel working


    2. costs of travel and related subsistence allowances, provided that these costs are in line with the
    beneficiary’s usual practices on travel; (travel renting, gas, tickets (local, national or international trafic)
    3. Substistence costs (hotels, apartments and accomodation - with receipts)
    4. the depreciation costs of equipment or other assets connected to direct activities (maintenance and repair
    of instruments and equipment)
    5. The costs of renting, leasing or purchase of equipment or other assets connected to direct activities
    (instruments, audio & video equipment, projectors, technical equipment)
    6. costs of consumables (strings, paper, pencils…) Music stands, tuners as well
    7. information, specific evaluation of the action, audits, translations, reproduction
    8. Premises rental (for rehearsals, performomances, round tables, media conferences…)
    9. Printing materials (scores, promotional material, brochures, programs, banners…)
    10. Web and social networking expenses: maintenance, data input, annual rental of web space for sites
    11. Rental or purchase of costumes, materials or clothes for performances

    12. Indirect costs (office rental costs, postage, insuranc, general office supplies, telephone and internet costs,
    heating, electricity…)

    Ineligible costs:

    1. deductible VAT.
    2. return on capital and dividends paid by a beneficiary;
    3. debt and debt service charges
    4. provisions for losses or debts;
    5. interest owed;
    6. doubtful debts;
    7. exchange losses;
    8. costs of transfers from the Agency charged by the bank of a beneficiary;
    9. costs declared by the beneficiary under another action;
    10. contributions in kind from third parties;
    11. excessive or reckless expenditure;

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