T
Teachy
Guest
What is the name of your state? -- London, United Kingdom.
Good afternoon, I hope you can help.
We are a not-for-profit organisation within the United Kingdom, and wondered whether a not for profit organisation needed to be "registered" in any way?
The organisation would take no monies for it's services, but we do welcome Donations via Paypal.
The reason I ask, is that on searching for "not for profit organisation" I came across quite a few sites that said things like: "an IRS 501(c)(3) tax-exempt corporation." with a link to: http://www.guidestar.org/search/report/gs_report.jsp?ein=74-3033697 (This seems to be a United States thing, though).
Also, when receiving Donations via Paypal into the UK, would tax need to be payed on such donations? I contacted PayPal, but they were unable to comment and suggested asking on a Forum such as this.
Any help you can provide would be greatly appreciated.
Regards,
Good afternoon, I hope you can help.
We are a not-for-profit organisation within the United Kingdom, and wondered whether a not for profit organisation needed to be "registered" in any way?
The organisation would take no monies for it's services, but we do welcome Donations via Paypal.
The reason I ask, is that on searching for "not for profit organisation" I came across quite a few sites that said things like: "an IRS 501(c)(3) tax-exempt corporation." with a link to: http://www.guidestar.org/search/report/gs_report.jsp?ein=74-3033697 (This seems to be a United States thing, though).
Also, when receiving Donations via Paypal into the UK, would tax need to be payed on such donations? I contacted PayPal, but they were unable to comment and suggested asking on a Forum such as this.
Any help you can provide would be greatly appreciated.
Regards,