This article is linked to three others (listed below) that look in detail at social enterprises and their taxes, paying workers in your social enterprise and investment relief available for social enterprises.
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. On a positive note, there are some reliefs available to social enterprises and charities.
In order to understand the different areas, we have prepared brief articles on the below:
If you have a specific query please do contact the office on 0121 455 8055 or email [email protected]