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Reviewing the review

Article Abstract:

The United Kingdom government has issued a consultation paper on the tax treatment of charities. The charities set up the Charities Joint Fiscal Group to inform the government of their views. The government has shifted its emphasis to a stance of encouraging donations, rather than simplifying the tax treatment of charities. The issue of social investment has been omitted, though loans to charities may be deserving of a tax incentive. The government's proposals are, however, welcome on the whole.

Author: Brophy, Michael
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999

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The compact's big plans

Article Abstract:

United Kingdom charities and the government are entering a new relationship through the planned 'Compact' or concordat, details of which should be revealed by Christmas 1997. Charities will have more input into policy, and relationships between charities and government departments will become clearer. The government needs aid from voluntary bodies, which are helping with the Welfare to Work program. The government is also planning to set up two funds linked to the National Lottery.

Author: Carty, Peter
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Political activity, Charitable societies

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Taxing times

Article Abstract:

UK charities need to ensure that their affairs are arranged in a tax efficient way, and this is not easy to to the increasing complexity of regulations. Charities benefit from some tax relief for example on construction of new premises, business rates and stamp duty for property transfers. They can also claim back income tax when donations are made. Charities would benefit from being allowed to reclaim value added tax on non-business spending.

Author: Israel, Martin
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995

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Subjects list: United Kingdom, Taxation, Charities, Social services
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