CTM40510 - Particular bodies: industrial and provident societies: claims for exemption

Any claim that a registered industrial and provident society qualifies for full or partial exemption from liability to tax should be dealt with as follows.

Where the claim for exemption is:

• from liability under Case I of Schedule D on the grounds that it is a mutual trading concern it should be dealt with in accordance with the guidance at CTM40950 onwards.
• on the grounds that it is a charity, it should be submitted to HMRC Charities.

Special types of society

As regards:

• a society carrying on a club, see CTM40100 onwards,
• a society registered as a credit union, see CTM40150 onwards.
• a society registered as a housing association or registered social landlord, see CTM40400 onwards.