Office closure and paperwork submission dates for 2019
Reminder to all clients on the deadline of submissions for accounts and tax returns for the New Year (2019). Please email [email protected].
Taxes and reliefs for social enterprises
This article is linked to three others that look in detail at social enterprises and their taxes, paying workers and social enterprise & investment relief for social enterprises.
Social enterprises and their taxes
It is a common misconception that Social Enterprises are exempt from tax. For HMRC, Social Enterprises are treated the same as limited companies for tax purposes.
Investment relief available for social enterprises
An organisation can look for loans and investments that would entitle the investor to a tax relief provided it meets the conditions of that particular scheme.
Paying workers in your social enterprise
Once the organisation decides to pay individuals, the organisation needs to consider setting up payroll in order to pay the correct income tax, national and pension contributions.