Charity Law

Last chance to respond to HM Treasury’s SITR consultation

There is still a little time to contribute to The Treasury’s consultation on social investment tax relief (SITR), which ends on 17 July. The consultation is an opportunity to influence how this tax relief could be updated to financially benefit more charities and social enterprises.

SITR affords investors who invest in qualifying entities (broadly, charities, CICs or bencoms), a reduction on their income tax bill equivalent to 30% of the qualifying investment they have made.

The South Korean Legislature appoints Stone King to advise on charity legacy taxation

Stone King has been appointed to advise the South Korean Legislature on charity legacy taxation in a cross-border context.

Daniel Harris, Partner and Head of Stone King’s International & Cross-Border team, flew to Seoul on June 24 to make a presentation as a keynote speaker at the National Assembly conference hall.

His presentation was later followed by more detailed meetings with government advisors and academics.

“We are honoured to have been invited to advise on such an important issue,” said Daniel.

Stone King raises over £500 for the London Legal Support Trust

It was best foot forward for a 24-strong team from Stone King’s London office at an annual fundraising event.

Stone King’s team took part in the London Legal Walk on Monday, June 17, covering 10K and raising £537.

15,000 people took part in the event with the money raised going to the London Legal Support Trust to help provide free legal services in London and the South East.

Stone King’s response to the recent ‘social value in government procurement’ consultation

Social Value is now an established concept in the commissioning of public services, though there is still a long way to go for it to become as central as it should be. The Public Services (Social Value) Act 2012, has been the main stimulant to progression in the UK, though Social Value was already promoted in public procurement law under the European Commission’s Social Business Initiative.

Charity Essentials - December 2018

Welcome to the last Essentials of 2018. In this edition, we have an article from our Intellectual Property team about the importance of protecting your intellectual property so that your brands and goodwill are not tarnished. We consider the recent case of Cambridge Live, a charity, and its prosecution for health and safety offences. We also have a guest article from former colleague, Simon Lofthouse, about the new charity law regime in Jersey. We have also included a round-up of recent news that may be of interest.

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