On 29/04/12 13:12, WereSpielChequers wrote:
Not quite carte blanche. Surely "such charitable purposes" does limit
them to spending the money on things that would be deemed charitable
in UK law.
WSC
This reminds me on the recent proposals of the UK Government to put a
cap on charitable giving, that is to partially reduce some income tax
(and capital gains tax) liabilities. It would appear that WMUK is more
likely to have small donations (plus Gift Aid) rather large donors in
the higher tax bracket.
http://www.telegraph.co.uk/news/politics/9229681/Charity-tax-could-deter-philanthropists-Boris-Johnson-says.html
Gordo
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