Cycling UK Forum

well, let's have the unexpurgated expert advice. When all is said and done the members paid for it! And it would be nice to find out what people got so excited about!

The Gift Aid red herring .... at "25% of subscription cost" is also not necessarily realistic as Gift Aid is only possible to claim on behalf of UK taxpayers .... how many members are non-taxpayers by dint of age or other parameters ... I would guess quite a few. Thus the yield figure that is being cited from Gift Aid is probably considerably over-stated ... and all assuming that HMRC agrees to 25% .. it could be less, unlikely to be more.

Methinks swords should be being propped up ready for falling upon on 15 May

Rob

.

Without wrangling over %ages, Gift Aid is intended to encourage altruistic donations, especially regular ones. It facilitates the use of tax efficient charity donation by standard rate taxpayers and ensures that both the donation and the tax saved go to the charity. It inevitably follows that the more Gift Aid CTC subscriptions attract, the less the direct benefit must be to individual members. There is some waggle room, but it's not just a wheeze where you can call an organisation a charity and get all the tax benefits. That may seem obvious but until quite recently it was not always the case. If I've understood the recent posts on this thread correctly, it sounds as though it may have come as a surprise to some in the CTC.