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Taxation and Payroll Services

We can help you and your business to manage tax costs and risks and claim the reliefs and exemptions you are entitled to

CHARITIES & NOT FOR PROFIT 

We help the trustees, management and directors of Charities and Not for Profit organisations to manage the tax costs and compliance requirements of the organisations they represent.

Our specialist team advise Charities, Not For Profit Organisations, and Social Enterprises such as Co-Operatives, Industrial & Provident Societies and Community Interest Companies

Just because an organisation is a Charity or is considered “Not for Profit” doesn’t make it exempt from tax as a business cost and a business compliance requirement. The organisation may not pay corporation tax, but it will have to consider direct taxes on employment, indirect taxes such as VAT and taxes on transactions such as Stamp Duty.    For Charities and Not for Profit organisations, these taxes can still represent a significant cost which will have a direct impact on the financial wellbeing of that organisation.

For the trustees, management and directors of those organisations it should be a key objective that a strategy is implemented which ensures that the compliance requirements for the taxes the organisation suffers are met and also and ensures that tax costs are pro-actively managed to preserve the organisations cash funds.

Our Charities and Not For Profit taxation team can advise the organisation, and stakeholders such as management and trustees on the following key issues:

  • Ensuring that all tax compliance requirements are met pro-actively and robustly
  • How to meet new or increased compliance requirements such as Auto-Enrolment and Real Time Information obligations
  • How to manage employment costs through the implementation of tax efficient flexible benefits arrangements or salary sacrifice arrangements
  • How to optimise the corporate structure so that trading activities can be carried out whilst retaining Charitable or Not for Profit status
  • How to structure the organisation to maximise VAT recovery or minimising “blocked” VAT
  • How to raise funding or improve cash flow by access tax relief mechanisms such as Gift Aid, the Social Investment Tax Relief, Research & Development Expenditure Relief, Creative Sector Tax Reliefs (including Theatre Tax Relief) and the Community Amateur Sports Club mechanism.

Claire and her team did a great job, I just wished we’d outsourced sooner.

Donna MacDonald, The Protector Group

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