The commentary below considers the exposure of trade unions and employers' associations to tax on chargeable gains. For an overview of the taxation of chargeable gains generally, see C1.101.
Trade unions are treated as companies under the definition of 'company' in CTA 2010, s 1121 (see C1.208)1. Therefore, if trade unions are liable to tax on chargeable gains (see below), they are liable to corporation tax2.
A registered trade union is a trade union or employers' association maintained under the Trade
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 16:44