Reminder: Small trading limit increased to £80,000

Since April 2019, the Government has increased the upper limit for trading that charities can carry out without incurring a tax liability. Updated guidance can be found   https://www.gov.uk/government/publications/increases-to-charities-small-trading-exemption-limits/increases-to-charities-small-trading-exemption-limits This will allow charities to undertake more trading activity before a trading subsidiary is needed and is a welcome change having been at Read more…

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