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Published on UK Fundraising (http://www.fundraising.co.uk)

Do we need to register for self assessment?

By Forum_Admin
Created 26/03/2007 - 16:07

Hello,

I am part of a very small group of people organising a collectors convention with all proceeds going to charity.

We have set up a bank account in the name of the organisation and have a committee structure.

2007 will be our 4th year and each year we raise more and more money for a different charity. Last year we raised over £1000 after expenses.

We are considering holding back a sum (£200) each year to help us secure the next venue.

Do we need to be registered for tax with the Inland Revenue? (HM customs are they now?)

Thank you,
Freya


Source URL:
http://www.fundraising.co.uk/node/170182