bfunded - Social Enterprise - Tax
Once trading, businesses will need to be aware of taxes they may be liable for paying, such as VAT and Corporation Tax.
Where can I get help with tax matters?
WYCAS
WYCAS provide useful information regarding Corporation Tax for charities that carry out trading activity, see http://www.wycas.org.uk/vsai/socialenterprise.htm
Business Link West Yorkshire
Business Link West Yorkshire have produced a useful guide about the range of taxes for which a business may be liable, see http://www.businesslink.gov.uk/bdotg/action/layer?r.l1=1073858808&topicId=1073859242&site=23&r.s=tl
HM Revenue & Customs
You should also contact your local HM Revenue & Customs office. In Bradford these are located at:
Centenary Court, 1 St Blaise Way, Bradford BD1 4DB
Worth House, Worth Way, Keighley BD21 5AQ
The HMRC website contains useful guides and helpline numbers on tax issues for businesses, www.hmrc.gov.uk
HMRC also have advice teams who run free workshops and presentations on a variety of subjects at locations throughout the country. Information can be found on their website at: http://www.hmrc.gov.uk/bst/index.htm
Other Help
Further help is available from local support organisations and agencies.
