Tax advice to help charities and their trustees
All of our advice is totally bespoke to your charity or not-for-profit organisation’s individual needs. Along with our charity audit specialists, our not-for-profit tax team also works closely with our specialist charity VAT consultancy team to give you a complete service.
Some examples of the common tax advice and support we offer are:
Reviewing your use of Gift Aid and other tax-efficient ways of boosting income
We want to make sure all available opportunities for Gift Aid are being utilised by reviewing your Gift Aid processes to ensure that Gift Aid claims are eligible and being made correctly, along with the Gift Aid Small Donations Scheme and other forms of tax-efficient giving that you might use.
Find out more about our Gift Aid services and how we can help ensure you're maximising on claims.
Reviewing your charitable activities and new contracts for tax risks and advising on tax-efficient structures
Trading and other activities carried out by your charity can come with a risk of an unexpected tax liability if not planned correctly. Working with other organisations, or what often seems like a simple commercial sponsorship arrangement, can give rise to tax risks. We’ll review your activities to comb for any risks or opportunities and help you structure them efficiently.
Providing guidance on property transactions
There’s a minefield of tax risks when you carry out transactions involving land and buildings for your charity. Careful planning and structuring are essential to ensure your available tax reliefs aren’t compromised. We’ve dealt with lots of different charity property transactions and so our experienced team can advise on the best structure for you.
Advising on employment tax issues
Employment tax issues are really common for not-for-profit organisations due to the use of volunteers and consultants as well as employed staff. We advise on all areas of employment tax, staff benefits, IR35 and also wider employment issues by teaming up with our HR Consultancy team.
Assisting with corporation tax returns and trust tax returns
Our team have extensive experience with the preparation of tax returns for charities and the necessary supplementary charity disclosures. We’re also well-versed in the preparation of tax returns for membership associations, which are often complex because of mutual trading status and a variety of sources of income.
Providing VAT advice
We have a dedicated team of charity VAT experts who are on hand to ensure you’re maximising any reliefs and exemptions available as well as keeping you up to date with the VAT changes you need to be aware of. Visit our VAT for Charities page for more information.