Chargeable income and Charitable status: Difference between pages
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imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Create the page. Source: https://knowhownonprofit.org/basics/...a-charity/charitable-status/what-is-a-charity-ncvo) |
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The legal privileges enjoyed by an organisation which conforms to the regulations set out in charity law and other relevant laws, for example the Charities Act in the UK. | |||
Organisations with charitable status cannot use their assets for any purposes other than pursuing their charitable objectives. | |||
In return charities normally enjoy: | |||
*Preferential tax treatment and tax reliefs. | |||
*Eligibility to apply for certain sources of grant funding. | |||
== See also == | == See also == | ||
* [[ | * [[Credit union]] | ||
* [[ | * [[Housing association]] | ||
* [[ | * [[Mutual]] | ||
* [[ | * [[Not-for-profit]] | ||
* [[ | * [[Profit]] | ||
* [[ | * [[Third sector]] | ||
Revision as of 19:58, 21 August 2017
The legal privileges enjoyed by an organisation which conforms to the regulations set out in charity law and other relevant laws, for example the Charities Act in the UK.
Organisations with charitable status cannot use their assets for any purposes other than pursuing their charitable objectives.
In return charities normally enjoy:
- Preferential tax treatment and tax reliefs.
- Eligibility to apply for certain sources of grant funding.
