We have heard from a few member groups recently who have been contacted by HMRC and asked to submit a Company Tax Return (CTR). This is the tax return for paying Corporation Tax.
They are all registered charities and have not previously had to submit CTRs or pay any tax, and so contacted us to ask why they were being asked to do so now – and how to do it.
Why might we have to submit a CTR?
Our members registered as charities don’t generally have to pay tax or file a CTR.