Jeremy corby>

[David Williams]

Hi Jim.
If my children were ever in this position
I hope that they would have the principle
to make donations to the appropriate charities.
I read somewhere that Simon Cowell is going to be
paid £150.000.000.There is no way that anybody
can spend this sickening sum of money.
Dave Williams

[Ivan Cloherty]

Hi Jim.
If my children were ever in this position
I hope that they would have the principle
to make donations to the appropriate charities.
I read somewhere that Simon Cowell is going to be
paid £150.000.000.There is no way that anybody
can spend this sickening sum of money.
Dave Williams

Apparently Simon Cowell donates very large sums to various charities quite frequently

[Gulliver]

Apparently Simon Cowell donates very large sums to various charities quite frequently

Not always as charitable or altruistic as it seems,ask any tax advisor.The more you give away will reduce your tax liability on your remaining income so you pay less tax on that amount. The charity obviously benefits.You gain publicity for your businesses and your 'caring,sharing' personality.
It would be nice to be so rich that you could regularly afford to give huge sums to charity-that's not necessarily being altruistic,although Mr.Cowell might be- but I somehow doubt it...... it is just a way of (legal)tax avoidance with benefits.

[happy daze john in oz]

No

Hi Everybody.
I left the "N" out in Jeremy Corbyns name.
Could have been down to "touch typing",
very sorry about that.
Dave Williams

No worries mate, if you had called him dustbin instead of Corbyn I doubt anyone would get upset.

[Ivan Cloherty]

Not always as charitable or altruistic as it seems,ask any tax advisor.The more you give away will reduce your tax liability on your remaining income so you pay less tax on that amount. The charity obviously benefits.You gain publicity for your businesses and your 'caring,sharing' personality.
It would be nice to be so rich that you could regularly afford to give huge sums to charity-that's not necessarily being altruistic,although Mr.Cowell might be- but I somehow doubt it...... it is just a way of (legal)tax avoidance with benefits.

Davey as long as someone other than the taxman, especially a charity benefits, then they can be as tax canny as they want, wish I was in that position

[j.sabourn]

Have just heard this one... Titled Labour, Liberal, is it all the same.
Recently while working in the flower bed of my front garden, my neighbours stopped to chat as they returned home from walking their dog. During the friendly conversation I asked their young daughter what she wanted to be when she grew up. She said she wanted to be P.M. someday. Both her parents, labour party members were standing there, so I asked her if you were P.M. what would be the first thing you would do? She replied I'd give food and houses to all the homeless people. Her parents beamed with pride having her spout the Labour philosophy. Wow what a worthy goal I said. But you don't have to wait to become P.M. you can come here and trim my hedge and I"ll give you 50 dollars to use and you can give it to that homeless man across the road towards food and a new house. She thought that over for a few seconds, then she looked me straight in the eye and asked, why doesn't the homeless man guy come over and do the work and you can just pay him the 50 dollars. I said Welcome to the Liberal party. My neighbours and myself are no longer on speaking terms. JWS

[john sutton]

Not always as charitable or altruistic as it seems,ask any tax advisor.The more you give away will reduce your tax liability on your remaining income so you pay less tax on that amount. The charity obviously benefits.You gain publicity for your businesses and your 'caring,sharing' personality.
It would be nice to be so rich that you could regularly afford to give huge sums to charity-that's not necessarily being altruistic,although Mr.Cowell might be- but I somehow doubt it...... it is just a way of (legal)tax avoidance with benefits.

If you make a charitable donation it just reduces your taxable income.It doesn,t reduce the tax liability on the rest of your income, you will continue to pay the full tax liability on the remaining income.If your on 50% tax on the amount that you give away it is costing you in real terms 50% of what you give so if you give away 100k you are only 50k worse off

[Captain Kong]

You have a Charity in your own name, such as The Blair Foundation or the Gordon Brown Foundation and then you live on the Expenses of running that `Charity` Tax Free.
I read that Gordon Brown has all his pay into his Charity and lives on just £12,500 a week.
poor fellow. These guys know all the angles.
while I have to pay TAX on my miserable MN pension.
Brian,

[j.sabourn]

#27... In Australia John have had this discussion on this site before. If my wife sends a cheque to some worthwhile charity and she signs herself I only get half the deduction in allowances. If I sign myself only I get the full allowance so keep telling her let me sign all charitable cheques. We are both taxed as individuals, she pays no tax as is below the threshold, I am not and pay tax. If we added both pensions together and divided by 2 we would not be paying tax at all. You don't get allowed apparently in my case for having a wife. The Australian Tax system is quite complicated probably to keep all these private tax consultants in jobs. Cheers JWS

[Captain Kong]

That Owen Smith who wants to be the New Labour Leader instead of Corbyn said when he wins the Next Election he is going to take Britain into Europe again and also change our money into the Euro.
That guy is a Psycho, Anyone who votes for him should be charged alongside him with High Treason.
Brian