Charity FUNDcast: 2. Setting up a new charity? Know your CICs from your CIOs

Larking Gowen Insights: Accountancy & Business Advice for all

12-02-2024 • 19 mins

In this episode, Emma and Giles discuss the best legal structure for a new not-for-profit enterprise, focusing on the differences between Community Interest Companies (CICs) and Charitable Incorporated Organisations (CIOs). They go through the practical differences, how to access funding, tax reliefs, remuneration and changing from a CIC to a CIO. They also outline the setting up processes, governance requirements, and social aims to be considered.

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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.