tax question

[golfnut_700]

as a new secretary of a small golf club, ( we are attached to a public play and pay course) we do not own the course or any property. we have been in existance for about 30 years and have 35k in a building society account in the hope that one day we will get a club house and can use this money to furnish it. my question is, are we liable to pay any kind of tax on this money, ie corporation tax ect

[CertaxBexley]

That might depend on how the club is / was constituted. http://www.hmrc.gov.uk/casc/casc_qualify.htm For some basic reading

[Boxby]

Has the interest been paid gross or net. If it's been paid net, you've already paid tax.