Charity tax and VAT
Charities are exempt from income and corporation tax, so their tax should be straightforward. Unfortunately this is not always the case! Some basic information is available in the "made simple guides", but each charity is different and may need a bit more help with setting things up to work for them.
Sayer Vincent can help with:
- VAT review - a comprehensive review to look at all your activities and consider how best to arrange them
- VAT and property - if you are planning a major property transaction, we can advise on the most appropriate way to organise this
- VAT advice - ad hoc advice for existing clients on new activities or arrangements
- Gift aid - we can undertake a gift aid audit to help you prepare for an inspection by HMRC, or we can help when you have an inspection visit
- PAYE and benefits review - to look at all aspects of remuneration to staff and volunteers and practical guidance on how to operate effectively
- Trading advice - advice on how to undertake trading, including the governance involved in having a subsidiary