On 19 March 2013 10:55, Gordon Joly <gordon.joly(a)pobox.com> wrote:
CIC might be easy. Quicker than forming a charity, eh?
There's no need for the subsidiary to be a charity. WMUK can act as an
intermediary and all the tax advantages can come from WMUK's status.
Donations are made to WMUK, which are tax deductible, WMUK then pays
the subsidiary to provide a service (the conference) and then the
subsidiary donates any profit it makes to WMUK to eliminate its tax
liability. That is entirely legal and above board - you can even find
guidance on how to do it on the HMRC website.