BIM58200 - Grant aided bodies: contents

In recent years there has been a growth in the number of bodies that exist to provide services formerly delivered by central or local government. The taxation treatment of income and expenditure of such a body is determined by whether the body’s activities (in whole or in part) comprise the carrying on of a trade.

This section is about the taxation of the bodies themselves. The rules in ICTA88/S79, S79A and S79B and ITTOIA/S82 – 85 about deductibility of contributions to some such bodies are explained in BIM47610.

This chapter covers: