Creation of Charities
Charitable Trusts and companies can be formed and we have been active in setting up charities to run museums, art galleries and theatres previously owned by Local Authorities as well as general charitable trusts, and educational, recreational and religious charities.

The firm also has experience of setting up charitable entities in the United Kingdom for existing foreign, and particularly U.S. non-profit organisations.

With the duties of charity trustees becoming more onerous we can advise on their liabilities and the protection given by the use of limited companies as charities. We are familiar with the demands of the Charity Commission and can therefore provide documentation to meet their requirement.

Taxation benefits of giving to Charity
In recent years the tax reliefs on giving to charity have been considerably extended. Relief is available not only for gifts of cash but also for shares and land and houses. These can give not only relief from inheritance tax but for income and capital gains tax as well. Anyone considering a gift to charity needs to consider how to structure the gift to obtain the best tax advantage.