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Tax exemption for your non-profit: do you qualify? (UK)

Question posted by rebecca-sims 2 years, 5 months ago - Edited 2 years, 5 months ago
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Not-for-profit organisations in the UK are generally subject to the same VAT rules as any other organisations. There are some tax reliefs and exemptions available for certain types of non-profits, but they are subject to conditions and restrictions.

 

 

Your non-profit must register for VAT if:

  • Its turnover for the previous 12 months from 'taxable business activities' (if you're providing goods or services for a charge, this counts as a business activity because you're supplying something to someone in return for a payment) is above £70,000.

 

If you have no business activities or your only business activities are exempt from VAT, you qualify for tax exemption.

 

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