Difference between revisions of "Main Page"
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− | <big>This site provides comprehensive information about | + | <big>This site provides comprehensive information about the taxation of charities and tax reliefs for gifts to charity. |
− | If you are looking for a quick answer to a | + | If you are looking for a quick answer to a straightforward question, we recommend [http://www.hmrc.gov.uk/charities/tax/ ''HMRC tax guidance for charities''] or [https://www.gov.uk/government/publications/charities-detailed-guidance-notes ''HMRC detailed guidance notes'']. |
If you are looking for a deeper analysis, or an impartial view, you are in the right place. | If you are looking for a deeper analysis, or an impartial view, you are in the right place. | ||
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<big>'''Contents'''</big> | <big>'''Contents'''</big> | ||
− | [[ | + | [[Update]] |
:[[Introduction]] | :[[Introduction]] | ||
Line 18: | Line 18: | ||
:2 [[Tax Avoidance and Evasion]] | :2 [[Tax Avoidance and Evasion]] | ||
− | :3 [[Definitions of Charity | + | :3 [[Definitions of "Charity"]] |
− | : | + | :3A [[Restriction to UK Charities Commencement]] |
− | :5 [[Taxation of Charity | + | :4 [[Taxation of Charity Income]] |
+ | |||
+ | :5 [[Taxation of Charity Gains]] | ||
:6 [[Charitable Expenditure Rules]] | :6 [[Charitable Expenditure Rules]] | ||
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:8 [[Trading by Charities|Trading by Charities]] | :8 [[Trading by Charities|Trading by Charities]] | ||
− | :9 [[ | + | :9 [[Companies held by Charities]] |
:10 [[Business Sponsorship and Advertising]] | :10 [[Business Sponsorship and Advertising]] | ||
− | :11 [[ | + | :11 [[Charitable Companies]] |
− | :12 [[Employees | + | :12 [[Employees & Beneficiaries of Charities]] |
:13 [[Acquisition of Companies]] | :13 [[Acquisition of Companies]] | ||
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:15 [[Cash Gifts from Individual to Charity (Gift Aid)|Cash Gifts from Individual to Charity (Gift Aid)]] | :15 [[Cash Gifts from Individual to Charity (Gift Aid)|Cash Gifts from Individual to Charity (Gift Aid)]] | ||
− | :16 [[Gift Aid Small | + | :16 [[Gift Aid Small Donations Scheme]] |
:17 [[Corporate Gift Aid]] | :17 [[Corporate Gift Aid]] | ||
− | :18 [[Giving by | + | :18 [[Giving by Businesses to Charity]] |
:19 [[Payroll Giving Scheme]] | :19 [[Payroll Giving Scheme]] | ||
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:20 [[Interest-Free Loans to Charity]] | :20 [[Interest-Free Loans to Charity]] | ||
− | :21 [[ | + | :21 [[Gifts of Shares/Land to Charity]] |
:22 [[Gifts of Works of Art to Charity]] | :22 [[Gifts of Works of Art to Charity]] | ||
− | :23 [[ | + | :23 [[CGT Relief on Disposals to Charity]] |
− | :24 [[Inheritance Tax Reliefs | + | :24 [[Inheritance Tax Reliefs for Charities]] |
:25 [[Charity Legacy Relief]] | :25 [[Charity Legacy Relief]] | ||
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:26 [[Will Drafting]] | :26 [[Will Drafting]] | ||
− | :27 [[ | + | :27 [[Share of Estate Given to Charity: Benham Issues]] |
− | :28 [[Obtaining | + | :28 [[Obtaining Income Tax and IHT Reliefs on Gift by Will or IoV]] |
:29 [[Variation of Wills ]] | :29 [[Variation of Wills ]] | ||
Line 76: | Line 78: | ||
:31 [[Trusts with Some Charitable Element]] | :31 [[Trusts with Some Charitable Element]] | ||
− | :32 [[Payments to Charity From Non- | + | :32 [[Payments to Charity From Non-Resident Trusts]] |
:33 [[Estates of Deceased Persons: CGT]] | :33 [[Estates of Deceased Persons: CGT]] | ||
Line 90: | Line 92: | ||
:38 [[VAT: Zero Rating]] | :38 [[VAT: Zero Rating]] | ||
− | :39 [[Stamp Duties]] | + | :39 [[Stamp Duties & Transaction Taxes]] |
− | :40 [[ | + | :40 [[Non-Domestic Rates]] |
− | :41 [[ | + | :41 [[Sports Clubs]] |
− | :42 [[ | + | :42 [[Clubs and Mutual Concerns]] |
− | :43 [[ | + | :43 [[Political Parties]] |
− | :44 [[ | + | :44 [[Housing Associations]] |
− | :45 [[ | + | :45 [[Local Authorities]] |
− | :46 [[ | + | :46 [[Social Investment Relief]] |
− | :47 [[ | + | :47 [[Administration: Tax Returns and Claims]] |
− | |||
− | + | <big>'''Appendices'''</big> | |
− | : | + | :[[Appendix 1: International Entity Securities: Approved Charitable Investments]] |
− | : | + | :[[Appendix 2: Model Gift Aid Declarations]] |
+ | |||
+ | :[[Appendix 3: Retail Gift Aid: Template Letters]] | ||
+ | |||
+ | :[[Appendix 4: CASCs: Eligible Sports]] | ||
+ | |||
+ | :[[Appendix 5: Deemed Charities and National Bodies]] | ||
+ | |||
+ | :[[Appendix 6: Accreditation of Social Impact Contractors]] | ||
+ | |||
+ | :[[Appendix 7: Substantial Donor Rules]] | ||
+ | |||
+ | :[[Appendix 8: How to Improve the Taxation of Charities]] | ||
+ | |||
+ | :[[Appendix 9: Bibliography]] | ||
− | |||
− | |||
</div> | </div> | ||
− | |||
− | |||
− | + | <big>'''2022/23 edition'''</big> | |
− | Online | + | The 2022/23 edition of ''Taxation of Charities and Nonprofit Organisations'' is available online and in paper form. The 2023/24 edition of ''Taxation of Charities Online'' is based on the last paper edition (2022/23) updated for some post-publication developments.<br/> In April 2023 HMRC published a consultation paper [https://www.gov.uk/government/consultations/charities-tax-compliance/consultation-charities-tax-compliance Charities tax compliance]. Although this does not seem particularly controversial, progress seems to have stalled. The consultation period finished July 2023, but HMRC have not yet published a consultation response. Perhaps further reforms are in prospect; but that is a matter of speculation. No doubt the proposals will be eventually enacted, in one form or another, and a new edition of this work will then follow.<br/>The authors of the next edition will be James Kessler KC, Etienne Wong (who is responsible for the VAT chapters) and Shanzé Shah. |
<big>'''How to login'''</big> | <big>'''How to login'''</big> | ||
− | Most of this site requires you | + | Most of this site requires you [[Special:Userlogin|to login]]. |
− | + | ||
− | + | ||
− | + | ::To obtain a login licence you need to order a copy of the book associated with this site, [http://www.kessler.co.uk/taxation-of-charities/ ''Taxation of Charities and Nonprofit Organisations''], and you can then [[Special:Userlogin|register for the life of the edition and login]]. | |
− | + | Users who are charities may [[Special:Userlogin|register for a free one day trial]]. | |
− | + | If you are an academic, student or other non-tax practitioner who wants access for research purposes, [mailto:[email protected]?Subject=TFD%20online contact James Kessler] | |
+ | |||
+ | ::Without logging in you can access: | ||
+ | ::[[Introduction]] | ||
+ | ::Chapter 1 [[Policy Issues in Charity Taxation]] | ||
+ | ::Chapter 2 [[Tax Avoidance and Evasion]] | ||
+ | |||
+ | <big>'''Comments please'''</big> | ||
+ | |||
+ | Users may also [[contribute to the text]], and if you can add anything, or spot anything that needs to be corrected, please do! A copy of the next edition of our book will be given to the user who makes the most edits. User contributions are reviewed by [https://www.taxchambers.com/team/shanze-shah/ Shanzé Shah ]. | ||
<big>'''If you want further advice'''</big> | <big>'''If you want further advice'''</big> | ||
− | If you do not find the answer to your question in ToC Online, or if you want advice on which you can legally rely, you may instruct James Kessler | + | If you do not find the answer to your question in ToC Online, or if you want advice on which you can legally rely, you may instruct authors James Kessler KC (direct tax) or Etienne Wong (VAT) to advise. See [https://www.taxationofcharities.co.uk/index.php/How_to_instruct_James_Kessler_KC_and_Etienne_Wong How to instruct James Kessler KC and Etienne Wong]. |
<big>'''Archive editions'''</big> | <big>'''Archive editions'''</big> | ||
− | There are [[archive editions]] for years from 2005/06. These will | + | There are [[archive editions]] for years from 2005/06. These will be useful to investigate the tax position in those years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research. |
<big>'''Contact '''</big> | <big>'''Contact '''</big> | ||
Line 154: | Line 172: | ||
If you have technical problems, or problems logging in [mailto:[email protected]?Subject=ToC%20Technical%20query click here] | If you have technical problems, or problems logging in [mailto:[email protected]?Subject=ToC%20Technical%20query click here] | ||
− | To contact James Kessler | + | To contact James Kessler KC [mailto:[email protected]?Subject=ToC%20online click here] |
− | To contact | + | To contact Etienne Wong, who is responsible for the VAT chapters, [mailto:Ewong@15oldsquare.co.uk?Subject=ToC%20online click here] |
+ | |||
+ | To contact Shanzé Shah [mailto:[email protected]?Subject=ToC%20online click here] | ||
To contact the publishers of ''Taxation of Charities and Nonprofit Organisations'' [mailto:[email protected]?Subject=ToC%20contact%20publisher%20request click here] | To contact the publishers of ''Taxation of Charities and Nonprofit Organisations'' [mailto:[email protected]?Subject=ToC%20contact%20publisher%20request click here] | ||
Line 164: | Line 184: | ||
<big>'''Technical notes'''</big> | <big>'''Technical notes'''</big> | ||
− | ToC Online is | + | ToC Online is a [http://en.wikipedia.org/wiki/Wiki Wiki] on the lines of [http://en.wikipedia.org Wikipedia], but only registered users can edit the text. |
+ | |||
+ | |||
+ | <big>'''ToC Resource Archive'''</big> | ||
− | + | To access the ToC reference material, click here [[ToC Resource Archive]] |
Latest revision as of 09:37, 30 August 2024
This site provides comprehensive information about the taxation of charities and tax reliefs for gifts to charity.
If you are looking for a quick answer to a straightforward question, we recommend HMRC tax guidance for charities or HMRC detailed guidance notes.
If you are looking for a deeper analysis, or an impartial view, you are in the right place.
2022/23 edition
The 2022/23 edition of Taxation of Charities and Nonprofit Organisations is available online and in paper form. The 2023/24 edition of Taxation of Charities Online is based on the last paper edition (2022/23) updated for some post-publication developments.
In April 2023 HMRC published a consultation paper Charities tax compliance. Although this does not seem particularly controversial, progress seems to have stalled. The consultation period finished July 2023, but HMRC have not yet published a consultation response. Perhaps further reforms are in prospect; but that is a matter of speculation. No doubt the proposals will be eventually enacted, in one form or another, and a new edition of this work will then follow.
The authors of the next edition will be James Kessler KC, Etienne Wong (who is responsible for the VAT chapters) and Shanzé Shah.
How to login
Most of this site requires you to login.
- To obtain a login licence you need to order a copy of the book associated with this site, Taxation of Charities and Nonprofit Organisations, and you can then register for the life of the edition and login.
Users who are charities may register for a free one day trial.
If you are an academic, student or other non-tax practitioner who wants access for research purposes, contact James Kessler
- Without logging in you can access:
- Introduction
- Chapter 1 Policy Issues in Charity Taxation
- Chapter 2 Tax Avoidance and Evasion
Comments please
Users may also contribute to the text, and if you can add anything, or spot anything that needs to be corrected, please do! A copy of the next edition of our book will be given to the user who makes the most edits. User contributions are reviewed by Shanzé Shah .
If you want further advice
If you do not find the answer to your question in ToC Online, or if you want advice on which you can legally rely, you may instruct authors James Kessler KC (direct tax) or Etienne Wong (VAT) to advise. See How to instruct James Kessler KC and Etienne Wong.
Archive editions
There are archive editions for years from 2005/06. These will be useful to investigate the tax position in those years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.
Contact
If you have technical problems, or problems logging in click here
To contact James Kessler KC click here
To contact Etienne Wong, who is responsible for the VAT chapters, click here
To contact Shanzé Shah click here
To contact the publishers of Taxation of Charities and Nonprofit Organisations click here
For multiple user licences, or to install on a firm's intranet contact the publishers
Technical notes
ToC Online is a Wiki on the lines of Wikipedia, but only registered users can edit the text.
ToC Resource Archive
To access the ToC reference material, click here ToC Resource Archive