Oakmere Wealth Management Advisors - Charities

Charities attract a number of tax reliefs.

We recognize that every charity is different, and look after charitable funds for a wide range of organizations. Therefore, we aim to provide an investment strategy to meet individual charity’s requirements. This is based on a full understanding of their income, total return and risk parameters after a consultation.

We provide a bespoke portfolio designed to meet those needs and objectives. We can then adapt the investment strategy, in response to changing charity needs over time. We will also provide regular reporting and attend trustee meetings in line with individual requirements.

Any funds that the Charitable Trust invests will benefit from the distinctive investment management approach of St. James’s Place and ongoing monitoring undertaken by the St. James’s Place Investment Committee in conjunction with Stamford Associates, Redington and other independent consultants.

What Are The Tax Benefits?

Tax benefits available include:

• Donors can reclaim tax on the value of their donations

• Charities are exempt from Capital Gain Tax, Income Tax, Corporation Tax and Inheritance Tax

• Smaller trusts do not have to register for VAT

The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are generally dependent on individual circumstances.

How are Annual Reporting requirements fulfilled?

The Charity Commission requires an annual formal report and accounts to be filed by charities. This can be a complex and time consuming activity, but we can share this responsibility with you in conjunction with a number of external experts. For more information about how this is achieved, please contact us to arrange an initial consultation.