Charities are an institution that English law has developed over the centuries to promote the good of the community. Charities can promote good causes which English law has defined as the advancement of religion or education, the relief of poverty and for other purposes beneficial to the community. A change in law is expected to specify the good cause must be for the benefit of the community.
Charities can be formed as a trust, a company or an association. They are governed strictly and there is special emphasis on financial accountability.
It is important to obtain good advice on establishing and running a charity. A charity should be designed to allow sufficient flixibility to fulfill its purposes in changing legal, economic, social, environmental and political circumstances.
The task of the charity trustees can be onerous and it is important they take good advice to avoid mistakes and in some cases to escape personal liability.
Levels of service
Some people feel able to deal with most of the process themselves. We are happy to provide advice to suit the circumstances.
Complex issues may arise in the course of a charity administration. There may be tax issues, especially VAT. It may be necessary to consider a charity's powers.
Charities and tax
There are important tax exemptions and concessions given to charities. Gifts to charity are generally exempt from tax. Charities enjoy considerable tax advantages, but VAT can present problems to charities.