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Official guidance
Business Income Manual

BIM24650 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: introduction

  • BIM24655 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: NHS doctors' co-operatives: introduction and layout of guidance
  • BIM24660 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: NHS doctors’ co-operatives: essential pre-requisite
  • BIM24665 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: NHS doctors’ co-operatives: does the trade meet the criteria?
  • BIM24670 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: NHS doctors’ co-operatives: varieties
  • BIM24675 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: NHS doctors’ co-operatives: National Association of GP co-operatives
  • BIM24680 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: mutual health insurers: introduction and layout of guidance
  • BIM24685 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: mutual health insurers: background
  • BIM24690 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: mutual health insurers: two interrelated questions
  • BIM24695 · Meaning of trade: Mutual trading and members clubs: mutual associations: specific activities: mutual health insurers: are they trading?
  • BIM24700 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: mutual health insurers: is the trade mutual?
  • BIM24705 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives: introduction and layout of guidance
  • BIM24710 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives: background
  • BIM24715 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives: model constitution
  • BIM24720 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - three points to watch
  • BIM24725 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - financing
  • BIM24730 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - tax treatment
  • BIM24735 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - not conducting a mutual trade
  • BIM24740 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - members taxation
  • BIM24745 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives - futures dealing
  • BIM24750 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Chambers of Commerce - introduction and layout of guidance
  • BIM24755 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Chambers of Commerce - trading?
  • BIM24760 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Chambers of Commerce - a mutual trade?
  • BIM24765 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Hunt point to point meetings - introduction and layout of guidance
  • BIM24775 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Hunt point-to-point meetings - trading?
  • BIM24780 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: Hunt point-to-point meetings - dealings with members
  • BIM24782 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: property management companies
  • BIM24784 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: bulk buying groups - introduction and layout of guidance
  • BIM24786 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: bulk buying groups - basic principles
  • BIM24788 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: bulk buying groups - two relationships
  • BIM24792 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: voluntary organisations and charities, fund-raising events - introduction and layout of guidance
  • BIM24794 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: voluntary organisations and charities - tax exemption
  • BIM24795 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: voluntary organisations and charities - conditions for exemption
  • BIM24796 · Meaning of trade: Mutual trading and members clubs: mutual associations: specific activities: voluntary organisations and charities - donations etc. not chargeable
  • BIM24797 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: voluntary organisations and charities - reference to Specialist PT Charities
  • BIM24800 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: trade protection associations - introduction and layout of guidance
  • BIM24805 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: trade protection associations - HMRC arrangement
  • BIM24810 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: trade protection associations: procedural points when adopting HMRC arrangement
  • BIM24815 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: trade protection associations: benefits to members of adopting HMRC arrangement
  • BIM24820 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: trade protection associations: text of HMRC arrangement
  • BIM24850 · Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: marketing boards
  1. Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: introduction: contents
  2. Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives: model constitution

BIM24715 | Meaning of trade: mutual trading and members clubs: mutual associations: specific activities: agricultural co-operatives: model constitution

From HM Revenue & Customs · Business Income Manual

What was originally the Central Council for Agricultural and Horticultural Co-operation and later ‘Food from Britain’ drew up a model constitution and set of rules for bodies which are set up with the intention of conducting business on mutual terms, which meet the requirements in BIM24020. Although Food from Britain has been abolished, many co-operatives still use the model constitution. The model constitution and rules provide that:

  • only members may enjoy the facilities of the services provided by the co-operative;

  • if the co-operative is a marketing agency, it sells on behalf of the growers, and ownership of the produce never passes to the co-operative;

  • the member contracts to market a given quantity of produce through the co-operative, or to provide a given quantity for processing;

  • any surplus may be distributed to the members in proportion to the business they have done with the co-operative in recent years.

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