Stephen Lloyd is senior partner and head of the charity and social enterprise department at Bates Wells & Braithwaite. He has been a partner at BWB since 1984, and has particular expertise in the interface between charities and trading.
He is author and presenter of numerous articles and seminars, and an adviser to CAF's Venturesome Investment Fund. He is a former chairman of the Charity Law Association, and current chairman of CaSE, LifeHaus Plc and the Centre for Innovation in Voluntary Action.
Lloyd was instrumental in creating the Community Interest Company legal structure.
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Stephen Lloyd says the newly-launched Big Society Capital offers a welcome alternative to gift capital, but won't reduce giving.
The tax relief cap announced by the Chancellor in the Budget is another attempt by HMRC to stop people claiming tax relief on donations to suspect charities overseas, charity tax experts are claiming.
Stephen Lloyd has been appointed as the expert lawyer to advise Lord Hodgson of Astley Abbotts on the review of the Charities Act 2006.
If it looks like a duck, walks like a duck and quacks like a duck, does it really matter whether it's labelled as a duck or re-branded as an aquatic avian? Last year The Ark generated £48,500 from trade and £47,500 from grants, so can we call ourselves a social enterprise? Social enterprise is an attitude, not a legal structure.
The long-term effect of the Upper Tribunal’s judgment on public benefit and independent schools will be a “shrunken and cautious Charity Commission”, according to charity lawyer Stephen Lloyd.
NCVO has set up a new group to lead an independent review of charity law, which will shadow the work of the government’s own review of the Charities Act 2006 due to start in November.
Bates Wells and Braithwaite is leading a campaign to urge the government to establish a bespoke regulator for social investment, as keeping it under the Financial Services Authority (FSA) will be prohibitively expensive for modestly-sized civil society organisations.