Cable Forum - View Single Post - osborne accuses rich exploiting donating to charities

mertle · 10-04-2012, 21:41

http://www.bbc.co.uk/news/uk-politics-17664893

http://www.telegraph.co.uk/news/poli...x-dodgers.html

Shocking all I can say if these are true to set up charities/trusts who dont do any charitable work or very very little. Then to transfer funds to reduce tax burden is disgraceful and deceitful practice.

Although charities worried that moves to restrict gifts denominations will impact there funding.

Sadly think the rich who do this will already steps ahead apparantly they already found ways to beat the house one.

10-04-2012, 21:41	#1
mertle Inactive Join Date: Feb 2004 Posts: 2,134	osborne accuses rich exploiting donating to charities http://www.bbc.co.uk/news/uk-politics-17664893 http://www.telegraph.co.uk/news/poli...x-dodgers.html Shocking all I can say if these are true to set up charities/trusts who dont do any charitable work or very very little. Then to transfer funds to reduce tax burden is disgraceful and deceitful practice. Although charities worried that moves to restrict gifts denominations will impact there funding. Sadly think the rich who do this will already steps ahead apparantly they already found ways to beat the house one.