Displaying 1-10 of 15 results
Letter of Support: charities need to put their own interests before those of their trading subsidiary
- Article
- 03 Aug 2023
In this challenging economic environment, charities with commercial trading operations might face increasing calls to issue letters of support to their trading subsidiaries. Trustees will need to protect the charity’s interests and follow charity law and regulation if they consider issuing a letter of support.
Landmark tax ruling: Supreme Court backs Nuffield Health
- Article
- 29 Jun 2023
Court upholds ruling that entitles Nuffield Health, a registered charity, to mandatory business rates relief of 80 percent for a members-only gym in the London Borough of Merton Council.
Trading issues made simple
- Helpsheets and support
- 22 Jun 2023
This Sayer Vincent guide explains when trading is permitted within a charity, how to use tax exemptions and set up appropriate structures if they wish to expand trading activities.
Subsidiaries made simple
- Helpsheets and support
- 22 Jun 2023
The common way for charities to deal with trading outside their objects is to channel these activities through a separate company. This Sayer Vincent guide explains how to set up and operate a charity trading subsidiary.
VAT made simple
- Helpsheets and support
- 22 Jun 2023
VAT is a complex transaction tax for charities because of the variety of charity activities, including fundraising and charging for services. This Sayer Vincent guide covers charity-specific aspects of VAT.
HMRC publishes new Charities newsletter
- Article
- 13 Jun 2023
HMRC’s Charities newsletter will be published periodically to update charities and their advisers on upcoming changes relating to tax that may affect them.
"For the few, not the many…" - HMRC's proposals to tackle abuse of charity tax reliefs
- Article
- 05 Jun 2023
At the end of April, HMRC published a Consultation Document proposing changes to charity tax rules to tackle non-compliance. This article gives an overview of the proposals and possible implications for the sector to consider.
Charity sector responds to mini Budget
- Article
- 05 Oct 2022
As the third sector braces itself for an increase in demand for services this winter, the recent fiscal event offers limited help to organisations but little for individuals in need.
Are there reasons for charity accountants to feel positive about tax?
- Article
- 08 Jun 2022
Are you a glass half full or a glass half empty person? I imagine that many of us who are chartered accountants would have to say that our training encourages us to be more ‘half glass empty’ than ‘half glass full’! The Chancellors’ Spring Statement may have given us a perfect opportunity to test that out for ourselves.
Spring Statement 2022
- Press release
- 24 Mar 2022
23 March 2022: Read the Charity Tax Group’s analysis of impact of the Chancellor’s Spring Statement on charities.
Displaying 1-10 of 15 results