Not for Profit Companies - Do they pay SDL on salaries?

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  • J7J
    Silver Member

    • Apr 2011
    • 281

    #1

    Not for Profit Companies - Do they pay SDL on salaries?

    Hi,

    Does Not for Profit Companies have to pay SDL on their salaries?

    Thanks!
  • J7J
    Silver Member

    • Apr 2011
    • 281

    #2
    Did some reading and it seems like an approved Public Benefit Organisation that carries on Public Benefit Activities, does not have to pay SDL on salaries... A Not for Profit Company has to be approved as a Public Benefit Organisation (PBO) before qualifying for preferencial tax treatment.

    Hope this helps someone else :-)

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