New measures proposed to combat charities being set up to avoid tax | Practical Law

New measures proposed to combat charities being set up to avoid tax | Practical Law

On 14 March 2014, HMRC published a discussion paper on its proposals to amend Schedule 6 of the Finance Act 2010 to introduce a new "purpose of establishment condition" to outlaw charities being established to abuse charity tax reliefs.

New measures proposed to combat charities being set up to avoid tax

Practical Law UK Legal Update 6-561-0385 (Approx. 4 pages)

New measures proposed to combat charities being set up to avoid tax

by Practical Law Private Client
Published on 18 Mar 2014 • United Kingdom
On 14 March 2014, HMRC published a discussion paper on its proposals to amend Schedule 6 of the Finance Act 2010 to introduce a new "purpose of establishment condition" to outlaw charities being established to abuse charity tax reliefs.