After many months of trying to find out how raised funds can be maximised (i.e. not unnecessarily taxed until they have been allocated to a cause), I got the answer from my regular accountant.

As I need to raise significant funds, I thought I’d ask the charities commission, the inland revenue and another accountant who deals with larger projects than I have managed recently. None of the individual sources had answers for me and simply referred me to the other sources. I went round and round in circles and gave up for a while whilst I had to attend to my gran’s needs.

When I found some time to think about the matter again, I met my accountant and told him what I was trying to do and how and if I could maximise the funds.

My 10 minute meeting with the accountant created a solution which was much more simple than anything I had anticipated.

So, I know feel confident in moving forwards and developing my fundraising idea.

I just need to find the time to do it now.