Philanthropy plan
Discussion
The real Apache said:
cymtriks said:
The real Apache said:
Victor McDade said:
Don't these ministers have anything more productive to do with their time?
It's called micromanaging, they are either incapable or unwilling to address the real issues so make a big deal out of fking about with nonsense.Not just on this issue either, just look at other spending, despite all the shock at the big bad cuts we are still plummeting into debt, just at a slightly slower rate.
Plus the government are a bunch of ignorant hypocritical retards who I refuse to listen to. For instance, all this green 'low energy' crap, and what do I see when I want to buy some high performance insulation? Yup - full VAT on top. Great.
sawman said:
NoelWatson said:
sawman said:
Why not make charitable giving tax deductible? Happens in some parts of the world and seems to work quite well
Can't you do that to a certain extent in the UK via Gift Aid?When I lived in Canada, I had an allowance on my tax return for charitable donation. So, as long as I got a receipt, charitable giving came from my gross income rather than net. Consequently I felt a lot more generous......
Personally, I am completely in favour of a return to the sort of philanthropic contributions that were such a highlight of Victorian society.
As soon as I have a tax burden similar to that of Victorian society, then I'll be right there in the philanthropy queue!
Kermit power said:
sawman said:
NoelWatson said:
sawman said:
Why not make charitable giving tax deductible? Happens in some parts of the world and seems to work quite well
Can't you do that to a certain extent in the UK via Gift Aid?When I lived in Canada, I had an allowance on my tax return for charitable donation. So, as long as I got a receipt, charitable giving came from my gross income rather than net. Consequently I felt a lot more generous......
Personally, I am completely in favour of a return to the sort of philanthropic contributions that were such a highlight of Victorian society.
As soon as I have a tax burden similar to that of Victorian society, then I'll be right there in the philanthropy queue!
Kermit power said:
That's exactly what Gift Aid does in effect, isn't it? The only difference is that here you don't need to frig around with tax returns to do it.
In the UK, the charity can reclaim basic rate of tax on the donation and higher rate taxayers can reclaim the difference between basic rate and higher rate tax via their annual tax return.So effectively donations are paid from gross rather than net income.
Sidicks
Edited by sidicks on Thursday 30th December 13:13
sidicks said:
So effectively donations are paid from gross rather than net income.
Sidicks
You have to fill in forms and mess about with the claims then though. That all takes time, which is basically as valuable as money.Sidicks
A simple basis of 'less tax' would solve these issues at a stroke. Plus some charities should be government funded, for instance instead of paying for The Potatoe Council or Ofgen we could have air ambulances.
Edited by Globs on Thursday 30th December 20:31
ShadownINja said:
It's a great idea... cos, like, the money will definitely go to the right charities and not be blown on re-decorating Downing Street or the Olympic farce or a big MP party...
And if any of it makes it to the charities, it will be swallowed up in wages / admin costs and still not make it to those it's meant to help.Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff