Income and Corporate taxes

See latest updates »

UK charities constituted as charitable trusts are liable to income tax, whereas those constituted as companies (or treated as companies for tax purposes) are liable to corporation tax. With the enactment of the Corporation Tax Act 2010 and the Income Tax Act 2007 exemptions and permitted investments are now broadly the same for both types of charitable entity.

Get email updates on Income and Corporate taxes

This content is available to our members

Otherwise please join us and be part of a movement helping to create fair taxation for charities.

Payment is voluntary for charity members.

Joining is easy and benefits include:

Regular updates on charity tax issues
Attend exclusive events
Regular seminars on specific concerns
Free technical helpline
Regular meetings with Treasury, Revenue and Customs
Be part of a movement helping to create fair taxation

Charity Tax Group

Find charity tax information

Tax type

Business activity

Income and Corporate taxes

Get email updates on Income and Corporate taxes

This content is available to our members

Latest on Income and Corporate taxes

All

OECD Pillar One proposal to address digital economy tax issues

HMRC policy paper on the taxation of transactions involving cryptoassets

OTS tax reporting and payment surveys

Creative industries tax reliefs 2018-19

Tax updates

Small trading limit increased to £80k

HMRC clarifies guidance on museums and galleries exhibition tax relief

Guidance on Orchestra Tax Relief published

Events

Commentary

Making grants overseas: a refresher on HMRC rules for charities

Charity SORP guidance on accounting for corporate gift aid payments made by a trading company to its charitable parent

Charity corporation tax: the 10 rules you need to know

Review of HMRC guidance on the Museums and Galleries Exhibition Tax Relief

News

HMRC policy paper on the taxation of transactions involving cryptoassets

Creative industries tax reliefs 2018-19

Digital Services Tax consultation – unlikely to affect charities

Charities notified by HMRC about future tax return request

Consultations

OECD Pillar One proposal to address digital economy tax issues

OTS tax reporting and payment surveys

Charities that are connected with non-charitable organisations – outcome of consultation on guidance

Consultation on the Charities SORP

Press releases