Income Tax

Jul 14, 2003 4 Replies

Does anyone know if I can have my personal income tax paid to a charity rather than the government???



Thanks


PaulC


No chance - if there was choice then I dont think anyone would pay it to the government. You can make donations from pre-tax earnings though - many employers have a Give as you earn scheme...

Well ... check out Gift Aid ... such amounts reduce your taxable income .... and permit the recipient charity/charities to reclaim income tax.

Yes. But there is slight catch, you have to pay all your taxable income to the charity too.

£128.20 (IE £128.20 less 22% = £100)
£23.08 (IE £128.20 x 40% = £51.28 less BR tax £28.20 = £23.08)

DF

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