Work out best structure for the DoES Liverpool company

[johnmckerrell]

With the move it might make sense to restructure how DoES Liverpool is set up. It is currently a CIC limited by share but we believe there might be better options:

• Limited by guarantee with more clear indication that we're a not for profit
  • May allow us to successfully claim discretionary rates relief
• Charity
  • Should give us greater scope for mandatory rates relief

It is likely that we will need to register for VAT as the new rent will be VATable, we will try to do this in such a way so that this impacts the community as little as possible.

We may be able to reduce the amount of corporation tax that we're paying by considering most of our income as mutual trading. We would need a more official membership scheme that members would join but would then not have to pay corporation tax on that income. Any income from non-members would still be taxable. This may offset VAT but again we need to make sure to reduce any negative impacts.