The law on charities relates to rules about both the setting up and operation of such entities and also non-profit organisations. It effectively assesses and monitors eligibility for charitable status.
What is charitable status?
Firstly, it is just that – a status. It is not a legal form. There are two rules which must be adhered to when assessing whether a body can have a charitable status:
- the aim of the organisation must be exclusively charitable
- it must be set up solely for the benefit of the public and not for a group of people or an individual
At Simply.Law our member solicitors for charity will be able to assess your circumstances as a charitable status and advise you accordingly. Our member lawyers are highly experienced in this field and provide pragmatic, commercially focused legal support for senior management teams and trustees in their efforts to run a successful organisation which delivers strong outcomes for beneficiaries.
Why would a body be seeking charitable status?
The very first charities were set up more than 400 years ago, and, to this day, organisations registered as a charity are often seen as some of the most trusted and respected.
There are also very generous tax benefits associated with being a charity and therefore, a not-for-profit organisation must be run to exacting standards.
What does the law on charity involve?
It’s a niche area of law but one with a wide remit. There are various topics which are covered, including wills and trusts, trading, employment law, tax and VAT, and data protection. Plus many more. The responsibility for ensuring a charity is well run is down to the trustees.
If you’re thinking about claiming charitable status, contact an Simply.Law member lawyer today for help and advice tailored to you.
