Did you like how we did? Rate your experience!

Rated 4.5 out of 5 stars by our customers 561

Award-winning PDF software

review-platform review-platform review-platform review-platform review-platform

Video instructions and help with filling out and completing Why Form 2220 Charities

Instructions and Help about Why Form 2220 Charities

The UK charity can take a number of different forms. By far, the most common form for new charities today is the CIO. This was introduced a few years ago. Older charities are often in the form of a company limited by guarantee under the Companies Act, or in some cases, even a limited company under the Companies Act. Some even older charities are in the form of an unincorporated trust. A trust used to be very common for charities, but then it was realized that trustees had unlimited liability for the debts of the charity. So, trustees tend to prefer one of the incorporated models. As I said, today it is the CIO which is by far the most common model.