Friday, September 22, 2006

ThirdSector-Guidance over tax scams 'puts an unfair burden on charities'

ThirdSector: "Guidance over tax scams 'puts an unfair burden on charities'
Draft guidance from HM Revenue & Customs about the dangers of charities being used in tax avoidance schemes is being challenged by some charity finance directors and sector organisations.

The guidance suggests that, because charities receive tax benefits such as Gift Aid, they should conform not only to the letter but also to the spirit of the law. It says they should reject donations that are 'complex or strange' or come from an unexpected source. "

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