Philanthropists & Charities
Charities come in many shapes and sizes and come from a range of different sectors. However, all face common challenges and all need to navigate the complex regulatory regimes, establish good governance and manage funding pressures to deliver their goals.
Charities rely on the generosity of individuals who often wish to make a difference to the world in which we live. And while the motivations for giving may be simple, getting it right can be more complex. Some individuals may wish to set up a charitable trust to benefit a number of charities, whilst others may leave a legacy to a general, grant-giving favourite charity in a will or create a specific charity to fulfil a specific aim. Some clients want to enshrine a culture of philanthropy for the long term, others might just enjoy the feeling of giving back to society, and some may want to control how their wealth is spent after death.
Whatever the need of the charity, philanthropist or individual, the need for specialist advice is paramount. Here at Boodle Hatfield, we are highly experienced in this area and will work with you to deliver practical and sensible advice to ensure you achieve every one of your altruistic ambitions.
The number of high net worth individuals (HNWIs) gifting over £1 million to charities upon their death is increased by…Read more 4 min read 03 Jun 2021 OTS – Second capital gains tax report published
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The government has published its long awaited response to HMRC’s 2018 consultation on the taxation of trusts.Read more 3 min read 03 Jun 2021 Spring Budget 2021
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