Showing posts with label gift aid. Show all posts
Showing posts with label gift aid. Show all posts

Wednesday, 29 December 2010

UK Government to encourage charity donations at cashpoints.

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One idea being tabled under the the Governments new "Big Society" drive is the option to allow people to donate to charity via new methods, one of which is via bank cashpoints.

It seems like a very good idea on the face of it,but the question that has not been answered very clearly so far is whether our donations via the cashpoint will still attract the Gift Aid bonus of 25p in the pound that all UK tax payers can claim as an extra bonus for their chosen cause.

Worryingly, it appears that far from gaining more cash for charities by offering this option, the Government may in fact save themselves rather a lot in tax relief by avoiding the tax break which turns a £10 donation into a £12.50 donation!.

Mmmmmm. Perhaps this "gift horse" needs it's mouth checking over a little more closely!

What do you think?
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Wednesday, 19 May 2010

£84 Million Euro Lottery winner to give £70 million to charity!

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This would be the headline that would be printed on the front of many newspapers if yours truly was the winner of last weeks Euro Millions. Sadly though it wasn't me, so this headline will have to wait a bit longer to be published :-)


saying that, I have a rather cunning plan to put in place if I should ever be lucky enough to win such an awesome amount of cash...it goes like this....


Step 1.Win £84 Million quid


Keep £14 Million to go a bit mad, help family,set up trust funds including a £5 million slush fund to assist people who spend their time doing good deeds!.


Step 2.Contact all the national newspapers and tell them that I intend to donate £70 Million to charity.


Step 3.Ensure that I then ask all the other 760+ people in this country (according to the rich list!) who have more than £84 Million in their bank accounts to dig in and donate at least £10 Million each.


Result?


760 x £10 Million = £760,000,000 + my £70'000'000 = £830'000'000 donation to various charities......how much good work could that do ?


Of course anyone of the 760+ who was too stingy to donate would be put on the "tight as a gnat's arse" list so that people could see who the really selfish gits where :-)


Wonder if I could claim gift aid on £70 million ? :-)

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