Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Company Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

Particular bodies: clubs: incorporated as companies

Provided that a company is simply a means of enabling the members to conduct a social club, incorporation does not in itself make a members’ club liable to tax on trading income.  The guidance which follows sets out the tests which apply in these circumstances.

As regards distributions within CTA10/PART23 see CTM15550.