Tax & VAT
Charities operate in a complex tax environment. It is imperative that charities understand tax and the implications it has on the various activities they undertake. Otherwise they may find themselves facing tax liabilities or missing out on the valuable tax reliefs available to them.
CFDG helps charities navigate the complexities of the tax system, keeping our members up to date on the latest developments taking place in the sector. CFDG also works to ensure that the needs of charities are considered in the wider policy arena.
There is a common misconcpetion that charities do not pay tax. In fact the Charity Tax Map, released by Charity Tax Group and the Nuffield Foundation in February 2011 identified 18 different types of tax paid by charities.