Spectre of Persche
Simon Weil finds the second tier of cumbersome regulation for UK charities who are already under the supervision of rigorous regulators an unwelcome development.
The dying days of the Labour administration introduced, in the form of Sch. 6 to the Finance Act 2010, measures of huge significance for both donors and charities in the UK, the other member states of the European Union, Norway and Iceland. These measures were designed to meet the challenge posed by the request made in 2006 by the European Union to the UK government to address its discriminatory tax system. Matters were brought to a head by the decision of the European Court of Justice in the Persche case in January 2009.1
Author: Simon Weil
Simon Weil heads up Bircham Dyson Bell's Individuals Group.
He has lectured on charity trusteeship and charities in the context of taxplanning.
He also sits on the Executive Committee of the Charity Law Association and is a member of the Association of Contentious Trust and Probate practioners
There are no comments on this article. Be the first to comment.