A modernised statutory definition of charity will provide greater clarity and certainty for charities, the public and regulators in determining whether an entity is charitable. It is therefore central to improving understanding of, and access to, charitable tax concessions.

The Government is seeking your views on a proposed statutory definition, with exposure draft legislation and associated material being released and available on the Treasury website. The public consultation period closes on 3 May 2013 to enable time for the legislation to receive Royal Assent by 1 July 2013.Read more...