If your charity has income that doesn’t qualify for tax relief you must complete a tax return.
If you have no tax to pay, complete a tax return only if HM Revenue and Customs (HMRC) asks you to.
If your charity’s income is over £10,000 you must submit an annual return to the Charity Commission.
Company Tax Returns
A charity is a limited company if it was set up by a:
- memorandum and articles of association
- royal charter or Act of Parliament
Limited companies must also send annual accounts to Companies House.
Complete a Trust and Estate Self Assessment tax return if your charity is a trust. A charity is a trust if it was set up by a trust deed or will.
Penalties and deadlines
You must complete a tax return when HMRC asks you to, even if no tax is due.
You may have to pay a penalty if your tax return is late or you don’t complete one when you should.