Traditionally, charities used to set up trading subsidiaries (as standard limited companies) where they owned all the shares in the subsidiary. This was in order undertake trading activity that wasn’t part of the charity’s objects/core activities
Tag: Business Planning
Why don’t CICs get the tax breaks and discounts that charities do?
Charities receive a lot of benefits due to the special nature of their legal structure – it is specifically for organisations that are doing something charitable and intending to have a public benefit.
Where can limited companies get funding from?
If you’ve decided to run your social enterprise as a limited company then you aren’t likely to be eligible for as many sources of funding as CICs (Community Interest Companies), and you’ll be eligible for far less than charities.
What are the benefits of being a CIO instead of a CIC?
This is such a common question, especially now conversion from a CIC (Community Interest Company) to a CIO (Charitable Incorporated Organisation) is much easier than it was previously.
Guardian: Communities
- 'My daughter wants to be a doctor': young migrants in Melbourne's high-rises face a bright future
- 'A lot of the kids are struggling': how Covid-19 has changed life in Melbourne's towers
- 'You think that's racist?': the generational tension in Melbourne's high-rise migrant families
- Boris Johnson is wrong to blame the housing crisis on overregulation | Finn Williams and David Chipperfield
