Charity Tax
Course
In London and City of London
Description
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Type
Workshop
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Location
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Class hours
6h
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Duration
1 Day
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Start date
Different dates available
At the end of the course participants will benefit from an understanding of the factors involved in making Gift Aid repayment claims as well as the main direct taxation principles pertaining to charities and fund-raising within the tax exemptions available to charities. The course will also cover other tax reliefs for donations to charities which can be used to incentivise donors and The Charity Commissioner’s and HMRC views regarding trading and fundraising by charities.
Facilities
Location
Start date
Start date
Start date
About this course
This is an essential course for anyone concerned with the finance or audit of charities and those involved in any fundraising for charity including gifts, events, trading and legacies and their advisers.
Reviews
Subjects
- Charity
- Taxation
- Trading
- Tax Liability
- VAT
- Tax Law
- Tax Calculation
- Taxation Law
- Fundraising
- Tax
Teachers and trainers (1)
Tony Austin
Teacher
Tony has been a tax specialist for over 35 years, since qualifying as a Chartered Accountant and was a tax partner for over 20 years with leading firms of accountants before working as an independent consultant, lecturer and writer. Starting with the consultation process for the charity tax review which began in 1997 and led to the Gift Aid reforms in Finance Act 2000, Tony has specialised in advising charities on taxation matters, particularly those relating to tax effective giving and fundraising, including the establishment and running of trading subsidiaries.
Course programme
- The definition of a charity for tax purposes
- Gift Aid rules; documentation and the problem of benefits
- Direct taxation principles pertaining to the various types of income of charities
- The direct taxation exemptions for income of charities and the anti-avoidance rules – in particular non-charitable expenditure and the tainted donation rules
- How income from trading and fund-raising events by charities is taxed and how tax can be avoided in a manner acceptable to HMRC
- Non Gift Aid donations to charity and the tax consequences for donor and donee
- HMRC compliance for charities
Charity Tax