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Charities and Their Donors

In the second of a two-part article, his 25th in this publication, Maurice Parry-Wingfield, Tax Director, Deloitte, focuses mainly on how 'non-charitable expenditure' will impact charities' tax exemption

 
In the second of a two-part article his 25th in this publication Maurice Parry-Wingfield Tax Director Deloitte focuses mainly on how 'non-charitable expenditure' will impact charities' tax exemption
 
Having identified substantial donors in last week's article we can look at the other changes affecting charities.
Non-Charitable Expenditure
 
Charities have wide-ranging exemptions from tax on their income and gains. However where a charity incurs expenditure other than for charitable purposes those exemptions are restricted. The method used to restrict them has now been substantially...

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