asterisk2a + good + hmrc   1

BBC Radio 4 - Money Box, Gift Aid
When you give to charity do you tick the box that says please Gift Aid this donation? If you do then George Osborne kindly adds 25% to the gift. So if you give £100 it is worth £125 to the charity. This scheme costs more than £1 billion a year. But should we subsidise charities? One woman who thinks not is Lady Moyra Bannister. She wrote to the Times recently to argue that all gift aid should be scrapped. Paul Lewis asked her why. // >> individual chooses where his tax goes to. // companies also receive tax relief for investment // HMRC needs to close tax loopholes, for that needs some more staff to investigate dubious charities that are used as tax avoidance schemes.
Charity  public  investment  social  democracy  democracy  Non-Profit  tax  code  subsidies  subsidizing  tax  relief  Good  tax  avoidance  tax  evasion  HMRC  UK 
december 2015 by asterisk2a

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