Can a company fund raise for itself?

(2 Posts)
WienerDiva Sun 01-Nov-15 08:47:15

Hello,

A company I know has been arranging social nights/raffles/silent auctions etc for itself to raise money for its own gain.

Its a school for adults and children in their particular chosen hobby (don't want to put myself or them) and they are trying raise find for new equipment/uniform etc.

It feels very much like you would find raise for a charity but they aren't a charity.

Is this actually allowed? I only ask because it doesn't feel right to me, is it a tax dodging ploy?

Any comments or knowledge would be appreciated.

OP’s posts: |
WienerDiva Sun 01-Nov-15 10:03:38

Sorry, also to add they aren't a non profit company. They are very much a profiting company.

OP’s posts: |

Join the discussion

To comment on this thread you need to create a Mumsnet account.

Join Mumsnet

Already have a Mumsnet account? Log in