Trethowans LLP

This Q&A considers a scenario in which a property/land was bought by/gifted to a charity and the charity plans to sell the property for residential development. Would this mean the charity had ‘bought it for resale’ under the stamp duty land tax manual (SDLTM26005), therefore meaning charities relief does not apply? Is this the case even if they had bought it/been gifted it as an investment from which the profits are to be applied to the charitable purposes of the charity?

This Q&A examines compliance with the Charities Act 2011 when disposing of a charity’s ‘designated land’.

This Q&A considers the merger of a charitable company into a charitable incorporated organisation and the alignment of the two charities’ purposes.