Fundraising Events
Charities run a number of fundraising events, which can include: Galas and Concerts, Fun Runs, Challenge events, Bazaars, Raffles and Auctions.
Various tax considerations apply including potential VAT exemption on income such as entrance fees to the event, VAT zero rating of printed matter (e.g. for programmes), Gift Aid on income from fundraising events, trading issues relating to charitable subsidiaries, rules regarding barter arrangements, as well as rules relating to sponsorship and advertising.
Charities should also read about the following business activities:
Related topics
- Barter transactions
- Business sponsorship/advertising – direct tax
- Challenge Events – Tour Operators’ Margin Scheme (TOMS)
- Charity reliefs from income and corporate taxes
- Corporate sponsorship compared to donations – VAT
- Detailed guidance on Making Tax Digital for VAT: Notice 700/22
- Donated goods – VAT zero rating
- Foreign entertainers – Income tax
- Fundraising events – VAT exemption
- Gift Aid donor benefits
- Lottery Duty and exemptions
- Package test and its use for fundraising items
- Printed matter – VAT zero rating
- Provision of cross-border services
- Raffles and auctions – Gift Aid
- Sponsored events – Gift Aid
- Sponsored events – VAT
- Use of trading subsidiaries and Gift Aid