Many charities carry out some form of trading activity, either as part of their charitable activities or as a means of raising funds. Some charities trade through a trading subsidiary which can be tax efficient, but there are also issues to be aware of relating to investing in trading subsidiaries. At the same time trading by the charity itself can be disadvantageous for tax reasons.
Our charity team can advise you on the best structure for you, where the pitfalls lie and what you can do to maximise your income from trading. Contact us to find out more.