»Ê¹ÚÌåÓýapp

To be regarded as a charity, a trust must have ‘charitable purposes� that help the public, this is known as being ‘for public benefit�.

»Ê¹ÚÌåÓýappre is a list of ‘charitable purposesâ€� at, /setting-up-charity/charitable-purposes

»Ê¹ÚÌåÓýapp Taxes Acts set out 4 conditions for ‘a body of persons or trustâ€� to be a charity for tax purposes. »Ê¹ÚÌåÓýappse are that the organisation:

• is established for charitable purposes only
• meets the jurisdiction condition
• meets the registration condition
• meets the management condition

For a trust with charitable purposes to be able to take advantage of the charitable tax exemptions, the trustees must register online and submit supporting documents for HMRC to decide whether it satisfies all the conditions in the Taxes Act-see Applications for recognition as a charity for tax purposes

»Ê¹ÚÌåÓýapp main statutory exemptions from tax for the income of charitable trusts are contained in sections 521 to 536 Income Tax Act 2007. »Ê¹ÚÌåÓýappse exemptions relate to all charitable tax exemptions and are subject to the condition that Trust’s income is applied to charitable purposes.

Charitable trusts are not subject to the usual rules of perpetuity (TSEM6240). »Ê¹ÚÌåÓýappy do not fail for uncertainty of object. »Ê¹ÚÌåÓýappre are special rules for their regulation, variation and enforcement.