The operation of the exemptions is simplified where the charity is a charitable company which is an eligible body (see below).

In the case of donations made under Gift Aid and gifts of money from companies, provisions similar to those described at ¶815-330 and ¶815-350 apply with the main difference being that the availability of the exemptions no longer depends on the funds being applied for charitable purposes (CTA 2010, s. 475 and s. 476).

Further, the following exemptions apply as if the whole of the funds were applied for charitable purposes only:

profits of charitable trades (see ¶815-380);

profits from fund-raising events (see ¶815-400);

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