Charities and tax
Pay tax
If your charity has income that does not qualify for tax relief you must complete a tax return.
If you have no tax to pay, complete a tax return only if HM Revenue and Customs (HMRC) asks you to.
If your charity鈥檚 income is over 拢10,000 you must submit an annual return to the Charity Commission.
Company Tax Returns
Complete a Company Tax Return if your charity is a limited company or unincorporated association. Include the supplementary pages for charities and community amateur sports clubs (CASCs).
A charity is a limited company if it was set up by a:
- constitution
- memorandum and articles of association
- royal charter or Act of Parliament
Limited companies must also send annual accounts to Companies House.
Trusts
Complete a Trust and Estate Self Assessment tax return if your charity is a trust. A charity is a trust if it was set up by a trust deed or will.
Penalties and deadlines
You must complete a tax return when HMRC asks you to, even if no tax is due.
You may have to pay a penalty if your tax return is late or you do not complete one when you should.
The deadline depends on whether you complete a Company Tax Return or a Self Assessment tax return.