Taxation of Charities and Nonprofit Organisations

Taxation of Charities and Nonprofit Organisations

12th Edition

Author:

ISBN: : 978-1-901614-79-4

Publication date: 01/05/2019

Price: £190.00

Price (Charity): £100.00

Taxation of Charities and Nonprofit Organisations 12th Edition

by James Kessler QC, Etienne Wong and Ross Birkbeck

(all practicing at Old Square Tax Chambers)

published May 2019

The book comes with a free single user licence for the online version 'ToC online'.

For a multiple user licence, contact the publishers.

 

The Authors

 

James Kessler QC is head of Old Square Tax Chambers.  He was appointed QC in 2003.

James advises in particular on charities, offshore entities, trusts, wills and foreign domiciliaries. 

James is one of the founders of the Society of Trust and Estate Practitioners, for whom he drafted the STEP Standard Provisions, and a fellow of the Chartered Institute of Taxation. James has received the Geoffrey Shindler Award for Outstanding Contribution to the Profession.

Etienne Wong  was partner and head of the international VAT unit at Clifford Chance LLP from 1999 to 2014; he transferred to the Bar in 2014.  Etienne has been advising on all aspects of VAT since 1989, with a particular focus on exemptions, VAT recovery and whether transactions are in scope for, or outside the scope of, VAT - issues of particular pertinence to charities.  

Ross Birkbeck is a barrister and member of Old Square Tax Chambers.  Ross is the moderator of Taxation of Foreign Domiciliaries online.  He advises on all areas of tax law, as well as trusts and estates. 

The authors can each be instructed through their clerks at taxchambers@15oldsquare.co.uk  

 

 CONTENTS

1. Policy Issues in Charity Taxation

2. Tax Avoidance and Evasion

3. Definitions of “Charity”

4. Taxation of Charity Income

5. Taxation of Charity Capital Gains

6. Charitable Expenditure Rules

7. Tainted Donation Rules

8. Trading by Charities

9. Companies held by Charities

10. Business Sponsorship and Advertising

11. Charitable Companies

12. Employees and Beneficiaries of Charities

13. Acquisition of Companies

14. Double Taxation Treaties and Charities

15. Cash Gifts from Individual to Charity (Gift Aid)

16. Gift Aid Small Donations Scheme

17. Corporate Gift Aid

18. Giving by Businesses to Charity

19. Payroll Giving

20. Interest-free Loans to Charity

21. Gifts of Shares/Land to Charity

22. Gifts of Works of Art to Charity

23. Capital Gains Tax Relief on Disposals to Charity

24. Inheritance Tax Reliefs on Transfers to Charity

25. Charity Legacy Relief 

26. Will Drafting

27. Charitable Gift of Share of Residue: Benham Issues

28. Obtaining IT and IHT Reliefs on Gifts by Will or IoV

29. Variation of Wills

30. Benefits for Donors

31. Trusts with Some Charitable Element

32. Payments to Charity From Non-resident Trusts

33. Estates of Deceased Persons: CGT

34. Estates of Deceased Persons: Income Tax 

35. VAT: Basic Concepts

36. Recovery of Input VAT

37. VAT: Exemption

38. VAT: Zero Rating

39. Stamp Duties