Reclaiming tax on charity shop purchases

[ladymuck]

Hang on. Have I missed a trick on my SAR here.

So when I did some Just Giving Last year and signed up to National Trust and RHS Wisley are you saying I can put those through as charitable donations and get my tax reduced slightly?

Yup.

https://www.gov.uk/donating-to-charity/gift-aid

[OwlHoot]

Hang on. Have I missed a trick on my SAR here.

So when I did some Just Giving Last year and signed up to National Trust and RHS Wisley are you saying I can put those through as charitable donations and get my tax reduced slightly?

If they're registered charities I don't see why not, unless receiving in return a tangible benefit of worth comparable to your "donation" excludes this (which I suppose applies to my charity shop purchases).

[MarillionFan]

Also, does Ladbrokes count as a charity?

[MarillionFan]

Hang on. Have I missed a trick on my SAR here.

So when I did some Just Giving Last year and signed up to National Trust and RHS Wisley are you saying I can put those through as charitable donations and get my tax reduced slightly?

[northernladyuk]

Are they wholly and exclusively for business?

For that reason, your double ended dildo was disallowed.

And ketchup can actually be eaten you know...

Actually the dildo was allowed for that very purpose. Second hand from a charity shop though?

[Mordac]

Not saying I'm desperate to save a few pennies, quite the opposite - I only wish I was more of a miser.

But I'm all in favour of aggressive tax avoidance and saving every penny that would otherwise go to HMR&C and mostly be wasted.

Now I spend a fair bit in charity shops, on nicknacks, books, and clothes, and what have you. I probably spend an average of £30 pounds a week in them.

I even bought a brand new pair of really nice slippers in one the other week, although I'd draw the line at obviously used everyday shoes (But even with those, maybe wellies or ski boots or something would be handy).

So anyway, I wondered if I could send the receipts to my accountant each year, and have this expenditure treated as tax-deductable. Why not?

(and if your accountant says you can claim for slippers please post details so we can all do likewise)

[BrilloPad]

Are they wholly and exclusively for business?

For that reason, your double ended dildo was disallowed.

And ketchup can actually be eaten you know...

[TheFaQQer]

As in knocked off your SAR? I don't think buying something counts as a charitable donation.

On the other hand, I gave a load of stuff to charity and they then emailed me to say how much in total it raised and I counted that as a donation for the purposes of my SAR

If you're really tight, you can just ask for the money back from them instead.

[DaveB]

On a positive note, now we know who the Psycho Candy puppet master is

[northernladyuk]

As in knocked off your SAR? I don't think buying something counts as a charitable donation.

On the other hand, I gave a load of stuff to charity and they then emailed me to say how much in total it raised and I counted that as a donation for the purposes of my SAR

owly is an entitled Brexiteer who has been brought up to think he can have his cake and eat it

[ladymuck]

As in knocked off your SAR? I don't think buying something counts as a charitable donation.

On the other hand, I gave a load of stuff to charity and they then emailed me to say how much in total it raised and I counted that as a donation for the purposes of my SAR

[northernladyuk]

Not saying I'm desperate to save a few pennies, quite the opposite - I only wish I was more of a miser.

But I'm all in favour of aggressive tax avoidance and saving every penny that would otherwise go to HMR&C and mostly be wasted.

Now I spend a fair bit in charity shops, on nicknacks, books, and clothes, and what have you. I probably spend an average of £30 pounds a week in them.

I even bought a brand new pair of really nice slippers in one the other week, although I'd draw the line at obviously used everyday shoes (But even with those, maybe wellies or ski boots or something would be handy).

So anyway, I wondered if I could send the receipts to my accountant each year, and have this expenditure treated as tax-deductable. Why not?

You are buying goods, not donating to charity.

IIRC, when you donate goods to charity you can get Gift Aid applied on the donation - so that is where the tax system gets involved.

Glad you're dressing appropriately to hang out with shauny in the Barnstaple 'Spoons.

[OwlHoot]

Not saying I'm desperate to save a few pennies, quite the opposite - I only wish I was more of a miser.

But I'm all in favour of aggressive tax avoidance and saving every penny that would otherwise go to HMR&C and mostly be wasted.

Now I spend a fair bit in charity shops, on nicknacks, books, and clothes, and what have you. I probably spend an average of £30 pounds a week in them.

I even bought a brand new pair of really nice slippers in one the other week, although I'd draw the line at obviously used everyday shoes (But even with those, maybe wellies or ski boots or something would be handy).

So anyway, I wondered if I could send the receipts to my accountant each year, and have this expenditure treated as tax-deductable. Why not?