CIC Association

Serving Community Enterprise

Tax (19)

Discussions Replies Latest Activity

Support for COVID expenses

Have you established if HMRC let you buy lateral flow tests for volunteers and the Company Director? Expenses need to be wholly and exclusi…

Started by Simon Odell

1 on Tuesday
Reply by John Mulkerrin

CICs providing Educational Activities Do we have to Pay VAT or Corporation tax

Hi Just wondered if anyone could shed any light on whether we have to pay any kind of tax as we are a CIC who is just about to reach the th…

Started by Sharon Tedds

2 Jun 6, 2018
Reply by Beth Gevell


Has anyone experience of converting a CLG to CIC and then qualifying for SEIS investment? Interested to know how quickly after conversion p…

Started by Robert Ashton

1 May 2, 2018
Reply by John Mulkerrin

VAT payable on membership subscriptions

Hallo I'm wondering if anyone knows whether an Industry body CIC needs to charge VAT on its membership subscriptions? It may be a case by…

Started by Paula McGeown

1 Jan 23, 2017
Reply by John Mulkerrin

Setting up a CIC on Sage 50 accounts

I am trying to produce annual accounts for a friends` Community Interest Company. Don`t panic guys, I do have some qualifications although…

Started by Louise poor

0 Nov 1, 2016

Setting up a Payroll with HMRC

Hi everyone, I have a question regarding setting up payroll and wanted to get things right before completing the Register as an Employer pa…

Started by Ripple Brum

3 Mar 25, 2016
Reply by Ripple Brum

Directors Expenses and self employment

I am currently self-employed as a cleaner/driver although I don't do much driving, I clean twice a week.  I am also a Director of our CIC.…

Started by sharon Needham

2 Feb 18, 2016
Reply by william oates

Social Investment Tax Relief CIC Private Share Offer

Beacon4Life CIC is limited by shares, we have two classes of shares, Class A Ordinary with voting and dividend rights and Class B Preferenc…

Started by Nick Comley

4 Jul 9, 2015
Reply by John Mulkerrin

Directors claiming expenses

Hi can anyone help me? We became a CIC last year. We are all  volunteers so no one is employed by our cic . Some of the directors volunteer…

Started by Rachel Trueman

1 Jun 20, 2014
Reply by John Mulkerrin

Help with directors remuneration

Hi there, just hoping for some advice and guidance although sorry for duplication if this has been questioned and/or answered elsewhere. I…

Started by Stephen Garrett

1 Feb 5, 2014
Reply by John Mulkerrin



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