I have a client who has always selected company type 6 on their return (Members' club or voluntary association) but treats all of their income as if it were a trading company (i.e. no exemptions) due to the fact that there is so much more non member trading than member trading.
Is there a de minimis / percentage that has to be met in order for them to be a members only club?
At the moment only about 20% of the income can be identified as member income and he rest is unidentified / mixed or non member.
Thanks
