On 8/23/2019 10:59 AM, Wm via gnucash-user wrote:
For example, the price of the meals at meetings is rounded up to the
nearest pound, and the remainder is earmarked for “Charity Choice”.
Not all members attend every meeting, and some members skip the meal
and make a token payment to Charity Choice. There are several such
income headings to deal with.
Sounds like crap to me.
Think about this: I went to dinner with my mates, said it cost more
than it did and said the difference was for charity. Would you
believe me?
The difficulty is that it must be possible to document each
individual member’s contributions over the year in order to make a
Gift Aid claim to Her Majesty’s Revenue and Customs (HMRC), which
tops up the members’ contributions by 25%.
OK, it sounds to me like you're being asked to cheat HMRC. Are you
prepared to do that?
You know all that much, both about the charitable components (tax
deductible, need to be reported separately) of organizations that while
non-profit (tax exempt) are not "deductible" << for example, a
"fraternal" society -- what this is >> and specifically what is required
in the UK?
What was asked for here seemed perfectly above board to me. Besides
being treasurer of 501(c)3's I also belong to organizations that are not
deductible BUT do sometimes make charitable donations. In some cases,
that is a lot of what these organizations do beyond their social
functions << Lions, Shriners, etc. >> I do not know how they report
even here in the US let alone in the UK.
Michael D Novack
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