Charities—tax

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Precedents
This partial deed of revocation is made on [date] by [donor] of [address].1I granted a Lasting Power of Attorney for [Financial Decisions/Health and...
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19th May
Precedents
This Deed OF REVOCATION is made on [date] by me [name of donor] of [address of donor].This Deed provides:1Revocation...
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19th May
Practice notes
Trustees—statutory powers of trusteesSource and availabilitySourcesTrustees have certain powers conferred on them by statute, in particular by the...
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19th May
Q&As
At what stage and to whom can a Deed of Appropriation take place when selling a second property in an estate?We assume you refer to the situation when...
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19th May
Practice notes
Creation of trusts—blind trustsWhat is a blind trust?A blind trust is a trust that is aimed at preventing conflicts of interest arising. Usually, the...
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Produced in partnership with Michael O’Sullivan of 5 Stone Buildings 19th May
Practice notes
The Cy-près doctrineFORTHCOMING CHANGE: On 22 March 2021, the government published its response  to the Law Commission’s report of 14 September 2017,...
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19th May
Practice notes
Relief for income tax lossesReliefs entitle taxpayers to reduce the amount of income tax payable. When calculating liability to income tax, a taxpayer...
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19th May
Practice notes
Assessment for residential accommodationCoronavirus (COVID-19): The content of this Practice Note is temporarily affected by the coronavirus...
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19th May
Q&As
Can a life tenant in a Will bring a life interest to an end by choosing to end it themselves or does it only expire on death?Life tenantsA life...
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Produced in partnership with Lynne Counsell of 9 Stone Buildings 19th May
Practice notes
Capacity to litigateOn the face of it, there would appear to be no specific impediment, if there is no reason to suppose that a person is without...
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19th May
Practice notes
Termination of trusts—methods of terminationDuration of a trustThe duration of an express trust is subject to the restrictions imposed by the rules...
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19th May
Practice notes
Costs and expenses in the Court of ProtectionThere are court fees and disbursements which will be payable by all applicants on making a new...
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19th May
Practice notes
Acceptance in Lieu scheme and other heritage property reliefsSTOP PRESS: HMRC has updated its guidance on calculating the special price in Acceptance...
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19th May
Practice notes
Trustees—self-dealing, unauthorised profits and conflicts of interestThe self-dealing ruleThe self-dealing rule is connected to, but distinct from,...
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19th May
Practice notes
Offshore trusts—offshore income gains (OIGs)Offshore income gains (OIGs) are gains realised on the disposal of interests in offshore funds which are...
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19th May
Practice notes
Trust disputes—court jurisdiction and procedureTrust litigation has been classified as being of three types:•a dispute as to the trusts on which...
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19th May

Most recent Charities—tax content

Practice notes
SDLT—multiple dwellings reliefMultiple dwellings relief (MDR) applies to certain transactions that involve an acquisition of at least two dwellings or...
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10th Sep
Practice notes
VAT—Northern Ireland—distance selling rules [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note is...
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Produced in partnership with John Fuszard of Sagars Accountants Ltd 5th Sep
Practice notes
Tax implications of establishing a joint venture partnershipThis Practice Note considers the UK tax aspects of the establishment of a joint venture...
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Produced in partnership with Arun Birla of Paul Hastings, Hannah Gray of Paul Hastings and Abigail Hung of Paul Hastings 5th Sep
Practice notes
Exemptions from stamp dutyIf an exemption from stamp duty applies, a document (ie an instrument of transfer) which would otherwise be subject to UK...
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25th Aug
Practice notes
Commercial development—VAT issuesThis Practice Note is about the VAT issues that arise in commercial developments. It first considers a...
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Produced in partnership with Martin Scammell 22nd Aug
Q&As
If a property is purchased by an SPV that will hold the property on bare trust for a company (non-charity) and a charity, can charities relief from...
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16th Aug
Q&As
Is value added tax chargeable on a transfer of a UK property from a UK trust to a Spanish charity?It is assumed the UK trust is a private...
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16th Aug
Practice notes
Barter transactions involving land and buildings—VAT implicationsThis Practice Note is about the VAT implications of supplies of land and buildings...
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Produced in partnership with Martin Scammell 16th Aug
Practice notes
VAT treatment of building workThis Practice Note is about the VAT treatment of building work. Specifically, it looks at the types of building work...
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Produced in partnership with Martin Scammell 16th Aug
Practice notes
SDLT—reliefs for public and social purposesOnce is has been determined that there is a notifiable transaction for SDLT purposes, it should be...
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16th Aug
Practice notes
SDLT—general reliefs and exemptionsOnce is has been determined that there is a notifiable transaction for SDLT purposes, it should be considered...
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16th Aug
Practice notes
VAT issues for lease assignments and terminationsFORTHCOMING CHANGE: HMRC is in the process of revising Revenue and Customs Brief 12 (2020) on the VAT...
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Produced in partnership with Martin Scammell 16th Aug
Practice notes
IHT—reduced (36%) rate for estates leaving 10% or more to charityOn death, a person is treated as having made a transfer of value equal to the value...
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Produced in partnership with Katya Vagner of PwC 16th Aug
Practice notes
Charity trading - definition and Charity Commission and HMRC interpretationMany charities would not describe any of their activities as trading as...
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16th Aug
Practice notes
Gifting cash and assets to charityThere are a number of tax reliefs available for gifts to charities.Gift AidGift Aid is a way for charities or...
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16th Aug
Practice notes
Charities and inheritance taxGenerally inheritance tax (IHT) and charities mean a reduction in the IHT that an estate would pay but there are...
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16th Aug
Practice notes
Charities and Gift Aid auditsSTOP PRESS: Finance Bill (No. 2) 2016 indicates that regulations will be introduced with effect from a date to be...
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16th Aug
Practice notes
Charity business activities and VAT registrationThere is no general relief for charities in respect of VAT chargeable on supplies made by them....
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16th Aug
Practice notes
Charities—capital gains taxUPDATE: In his 2015 Budget, the Chancellor indicated changes to the CGT regime. The Budget did not indicate that these...
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16th Aug
Practice notes
Charities—fundraising eventsQualifying organisationsThe following bodies are entitled to VAT exempt eligible fund raising events:•charities that meet...
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16th Aug

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