• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Charitable contributions - altruism or self-interest?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Originally posted by malvolio View Post
    No, you've just earned £200k for free. You own the charity so you still own the goods. And the revenue they bring in.
    You give something away with a value of X amount and you get 20% of that in return and this is somehow "earning" money? Wow, that is really off the wall.

    Also, if you give something to charity and claim it on your tax return then you have to deduct the value of any benefit that you receive so that blows away any ideas about receiving benefit from the donation.

    And maybe I'm wrong but I got the impression that the case in point involved a cash donation to a UK registered charity which will be very closely monitored by the Charity Commission. How does the donor continue to benefit from that?
    Free advice and opinions - refunds are available if you are not 100% satisfied.

    Comment

    Working...
    X