vrijdag 1 juni 2012
Salvation through donation?
http://www.bbc.co.uk/news/uk-politics-18278253
Tax relief
limit on charity to be axed in fresh U-turn (original title)
Budget plans
are being revised. Following the pastry and caravan tax plans the charity tax
has also been removed from the budget plans. The plan was to stop making
charitable donations deductable from your taxable income. Charities panicked at
this news out of fear for losing donations and protested the plans with success.
The government will focus on bigger issues now and lets the debate on whether
the charities would truly be damaged by the proposed tax go for now calling it an unnecessary argument
in these troubling times.
A planned
cut on the tax deductable donations to charity has been cut itself. I think
that it is a good thing for the government to investigate new ways of gathering
income in these times of crisis. A government should work on having a small as
deficit as possible. This new tax was a good idea as I think it would not hurt
the charities as bad as they would make it seem. Perhaps a revised version
would fit better, with exemptions for those charities that actually get more
than 1% of their income from donations over 50.000 pound.
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A government should take away as little money as possible for charitable organizations, definitely in a time like this when organizations have to struggle to get funds for their research. There must be other ways to create funds for government "issues". This is an excellent way to see whether the government is creative at finding solutions in this matter.
BeantwoordenVerwijderenI am not really apposed to this idea, the only people who care about the tax deductions are the big companies, and they do it to make more profit. So while I can understand the charities i would prefer to see this cut than an increase in overall taxes.
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