This practical training session is designed for charity leaders, finance professionals and trustees who want to understand how to establish and manage a trading subsidiary effectively. The session will explore the strategic benefits of trading subsidiaries, key governance and operational considerations, and the VAT implications of using a subsidiary structure.
By attending, you'll gain the knowledge and confidence to make informed decisions about whether a trading subsidiary is right for your organisation and how to maximise its value as part of a long-term income generation strategy.
In order to get through this comprehensive topic in an action-packed day, CFG will be delivering this session with sector expert - Emma Houghton, Head of Non-for-Profit at Sedulo.
This session will include:
- Why and when can charities trade
- Primary and ancillary trading
- Tax exemptions on non-primary, small scale purpose trading
- When to use a trading subsidiary
- Understanding the nature of a trading subsidiary
- Governance structure for trading subsidiary
- How to fund trading subsidiary
- Providing resources to trading subsidiaries
- Guidance for charities with connections to non-charities
- The VAT effects of using a trading subsidiary
Where and when?
- Thursday 26th November
- 10:00 – 12:30
- Online: Joining instructions will be sent approximately one week prior to the event
Who is this course aimed at?
This training is designed for finance professionals, charity leaders and trustees who would like to understand better the legal and VAT implications of operating trading subsidiaries.
About CFG events and membership
Becoming a CFG member gives you access to exclusive benefits including event discounts, so find out more about CFG Membership before you book. Association of Independent Museums members can register for free CFG membership through our partnership.
CFG events, training and members' meetings can count towards your continuous professional development (CPD), and this event could provide you with 2.5 hours of CPD. For more details contact your association or email events@cfg.org.uk.
This training is delivered in association with:
