This note aims to brief community groups so they are in an informed position to argue the case for discounted value asset transfers from local authorities, and to assist local authorities with any required internal processes.Community Asset Transfer at Discounted Value - Briefing Note
Guidance from the Scottish Government on State Aid and how it affects you. Advisory Note (but principles also relevant to urban areas).
This summary briefing note outlines what the European State Aid Rules are and offers a decision flow-chart, together with explanatory notes and a brief discussion of some key issues, to help community groups assess whether, and how, the Rules might impact on a planned community asset transfer.EU State Aid Rules and Community Transfer (COSS)
This information sheet is particularly related to trading on the part of Community Associations, including fundraising events, profits from letting, lotteries, sale of donated goods, donations, business sponsorship, etc.Trading and Community Associations (Community Matters)
This Information Sheet is somewhat out of date, however, contains useful information on corporation tax, income tax, gift aid, employees’ tax and national insurance and value added tax. (Rates have changed and the stamp duty provisions should be ignored.)Community Buildings and Taxation (Community Matters)
An example of a breakeven analysis to ensure that revenue costs are equal to revenue income - Breakeven Point (i.e. so no loss is incurred) - and what additionally may need to happen to achieve a profit/surplus of revenue income over revenue costs.Breakeven Point - An Example