Setting up a charitable trust
Article Abstract:
Charitable trusts can be set up at little expense and trusts with a low income are subject to lesser degrees of regulation. Tax relief is available in the UK for donations made through trusts from both companies and individuals. The Charity Aid Foundation provides a charity card for gifts to registered charities and anonymity can be maintained. The UK Charity Commission may start to ask payment for registering new charities from Jan 1996.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Insurance: the implication of under-insurance - or worse, lack of insurance - for chairties can be devastating
Article Abstract:
Areas of insurance protection are often avoided by charity administrators as they may seem superfluous to the basic requirements of a charity. They are also concerned about being sold unnecessary insurance cover incorporating unnoticed disclaimers. However expenditure on insurance should be seen as essential to charities, as they are exposed to risk.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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