www.VUE DES ISLES.com
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Call for change to donation tax

Go down

Call for change to donation tax Empty Call for change to donation tax

Post by GD Wed 20 Jan 2010, 11:10 am

A Jersey author would like charities in Jersey to be able to claim back the tax from donations under the same rules as they do in the UK.
Tony Bellows says the Gift Aid scheme in the UK allows charities to claim for all tax but here it can only be claimed back from donations of a £100 or more.
Mr Bellows says four years ago it was proposed Jersey should adopt a new donations tax relief scheme.
He has taken the matter to a States member to be passed on to the Treasury.
Jersey's Treasury Minister, Senator Philip Ozouf said that Jersey's tax system was different to the UK.
"The UK system is slightly different as Tax rates are much higher. We have a low administrative tax system, an easy collect tax system.
"I don't want to change that but am happy to look at the whole gift aid arrangements," said Senator Ozouf.

Call for change to donation tax OCall for change to donation tax _47144593_vlcsnap-2010-01-19-19h18m29s133
Call for change to donation tax Start_quote If in the earthquake appeal you gave £10 to the Red Cross, they could claim back £2.50 if you were a tax payer from the tax people Call for change to donation tax End_quote


Tony Bellows

Tony Bellows said that a report into charities in Jersey had already suggested in the introduction of a gift aid scheme to the island.
"I don't think it would be that difficult for it to be set up here in Jersey. In 2006 there was a Jersey Law Commission report on the Jersey charities.
"That recommended that the system should be reformed to provide for that.
"I've been in contact with Ian Gorst on the Overseas Aid Committee and I'm going to see if the AMOS group can also provide a bit of pressure in trying to get things changed.
"It does seem that 2006 is now quiet a distance away and they brought out another report last year that also recommended gift aid come to Jersey," said Tony.
In the UK the gift aid scheme works by allowing charities to claim the tax on donations made by tax payers.
"It's not any extra payment from people, it is basically people giving money to charities and if they're tax payers, the charity can claim back the tax paid on that money for themselves.
"If in the earthquake appeal you gave £10 to the Red Cross, they could claim back £2.50 if you were a tax payer from the tax people," said Tony. (from BBC)
GD
GD

Male
Number of posts : 10122
Location : Channel Islands
Job/hobbies : Website Forums...lol
Humor : Anything that makes me laugh
Registration date : 2008-03-06

http://www.vuedesisles.com

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum