Philanthropy and Charitable Giving

Increasingly, individuals are choosing to give back to society through philanthropy. This may involve supporting an existing charity, establishing a new charity or donating your time, ideas and skills to a worthy cause, whether in the UK or abroad.

An increasingly crucial area of fundraising is tax-efficient financial aid from both individuals and businesses. We can advise on all aspects of Gift Aid, income tax relief and not-for-profit and charity law to ensure your donations are made as tax-efficiently as possible. These may include:

  • Cash
  • Gifts by will including legacy 10 – the reduced rate of inheritance tax for those who leave at least 10% of their estate to charities
  • Shares
  • Land and property
  • Other assets

Our expertise in charity law, together with our long-established contacts with leading auction houses, also enables us to advise on broader aspects of wealth preservation. For those with assets such as works of art or historic buildings, we can advise on all relevant heritage issues including conditional exemption claims and offers in lieu of inheritance tax, and the establishment and on going management of maintenance funds.