Understanding Cultural Organisations
10 February 2014
We revised different organisational structures:
-Sole Trader
-Partnership
-Limited Liability Partnership
-Public Limited Company
-Company Limited by Guarantee
-Public Sector (Quangos, BBC and NHS) - Branch of Government
-Charity - Needs charitable purpose
-Community Interest Companies - Needs approval
Sole Traders have to declare income and get taxed 45% on income over £150,000. A Partnership organisations shares the same tax rules. Limited Liability Partnerships are run in cooperation with Companies House.
No comments:
Post a Comment