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 the same rate for almost 20 years.

If you want to speak to an expert on charity taxation our tax specialists are waiting for your call.

Categories: Charities