S529 Income Tax Act 2007, S483 Corporation Tax Act 2010

The issue of fund raising by a local body was considered by the courts in the case of British Legion, Peterhead Branch, Remembrance and Welcome Home Fund v CIR [1953] 35TC509 – see BIM24475. The courts found that the fund raising activities in that case amounted to a trade – the activities being carried out on a significant scale in a manner akin to a commercial activity. The courts allowed a deduction for the costs that would have been incurred had not local volunteers given freely of their time and services in delivering the fund raising activities.

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