Blog for trustees in Powys. They may be known as trustees, directors, board members or management committee members. If the charity is also a company limited under guarantee, then the trustees are also directors of the charity.
Tuesday, 7 April 2015
Trustees trading and tax
Trustees trading and tax: how charities may lawfully trade
This guidance explains when and how charities may engage in trading. It is mainly about trading for the purpose of raising funds, rather than trading to carry out the charity’s objects. It also explains when a separate trading company should be established to carry on such activity.