HMRC Newsletter - Gift Aid
HMRC issues newsletters to update charitable organisations on relevant tax developments: the first one sets out summaries for charities considering converting structures and the Gift Aid scheme.
Finance
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How VAT affects charities (VAT Notice 701/1)
Find out what a charity is, how VAT affects charities, how to treat a charity's income for VAT and what VAT reliefs a charity can get on what it buys. Published 28 October 2014. Last updated 1 May 2019.
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Managing Your Funds & Reserves
This guidance for arts and cultural organisations is for anyone who is involved in the financial and fundraising aspects of their organisation whether as a chief executive, manager, trustee or finance administrator. Published: 14 February 2019.
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Increases to charities’ small trading exemption limits
Updated HMRC regulation: This measure will increase the small trading tax exemption limits for charities that apply to trading that does not relate to a charity’s primary purpose. Published: 29 October 2018.
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Charities and Trading Guidance
HMRC & The Charity Commission’s revised guidance on trading and setting up commercial trading subsidiaries. Published: June 2019.
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Charity Reserves: Building Resilience
This guidance is written for trustees of charities of all sizes and types, whether they are companies, trusts or associations to help them develop a reserve policy. Published: January 2016.
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Internal financial controls for charities
How to manage your charity’s financial activity and use internal financial controls to reduce the risk of loss. Published: July 2012.
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The Honorary Treasurer's Handbook
This handbook aims to help treasurers feel confident in their role. Published: November 2017.
