Charitable Purposes Flashcards by amelia tough | Brainscape

Q

what is a charitable trust?

A

a trust established for a purpose. the purpose must be charitable - charitable act 2011

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Q

what are the advantages of charitable trusts?

A

certain rules applicable to purpose trusts do not apply to charitable trusts
tax advantages, free from income tac, corporation tax, benefits to individuals making donations

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Q

case for private hospitals?

A

re Resch’s will trust

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