Direct tax for charities

How to maximise charity direct tax reliefs

Charity officers, professionals advising them, plus those who advise donors

The government has recently increased the generosity of a number of the direct tax reliefs available to charities, but most charities now need to exploit these reliefs more vigorously as they find their grant funding cut. In particular, the gift aid system now gives charities and donors access to very substantial tax reliefs, widened to include charities in other EU countries from April 2010. The advent of 50% and effective 60% income tax rates has increased the scope for planning by donors. This course will equip you with the knowledge of how to maximise charity direct tax reliefs.

Indirect tax (VAT) costs charities over £1 billion every year - methods of minimising this tax burden are dealt with on VAT and charities.

Geoff Sykes BA FCA CTA

After qualifying with a small firm, Geoff spent ten years in London with Deloittes, originally as a tax specialist, and later as National Tax Training Manager.  For the next twenty years he was a tax partner in a medium sized firm based in Leeds and Kendal, advising a range of business and personal clients on all aspects of tax.  He also has experience as a company director and as a director of a retail co-operative society.

• what is a charity?
• income tax reliefs for charities
• gift aid: new definition of charity from April 2010
• gift aid claims by charities, and donor benefit limits
• maximising income tax relief for donors
• anti avoidance and substantial donors
• reliefs for community amateur sports clubs
• capital gains tax reliefs for charities
• capital gains tax reliefs for donors of assets
• inheritance tax relief and charities
• the 36% inheritance tax rate from April 2012
• recent cases on inheritance tax and charities

The course starts at 9.30am, with registration and coffee from 9.00am, and ends at 12.45pm. Refreshments are provided.

3 CPD hours (where appropriate)

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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