Charity Commission updates guidance on charities’ trading

first_img Howard Lake | 26 May 2007 | News The Commission’s Chief Executive, Andrew Hind, said: “Trading can present real risks for charities, but it also offers significant rewards. We’ve produced this ./guidance to try and make it as easy as possible for charities looking to trade, or to set up a separate trading subsidiary, to avoid the pitfalls and reap those rewards. “Talking to charities that are already trading successfully has helped us make sure the ./guidance gives a practical approach to the real-life issues that charities might face and to help make sure that charities get the structure of their trading operations right.” “Trustees, trade and tax – how charities may lawfully trade” is available on the Commission’s website. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Charity Commission updates guidance on charities’ trading  23 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Tagged with: Trading The Charity Commission has updated its ./guidance to help trustees ensure that their charity trades effectively and within the law.The new ./guidance, “Trustees, trade and tax – how charities may lawfully trade”, has been developed in response to the Better Regulation Commission’s call for clear ./guidance on the subject. It includes input from HMRC and representatives from key charities, and reflects the latest tax and VAT position.As well as providing clear answers to the questions most commonly asked by charities, the document sets out a more flexible policy for funding and investing in trading companies. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img

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