The Cup Trust - UK government refuses to pay out Gift Aid claims

February 07, 2013 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: News, Ethics and Canadian Charities, Avoiding 'Charity' Scams

The UK is dealing with a scandal right now called The Cup Trust.  It involves a complicated scheme to get money refunded through the Gift Aid system.  I thought this quote is interesting “Margaret Hodge MP, Labour chairwoman of the Commons Public Accounts Committee said: ‘To exploit a mechanism designed to encourage charitable giving in order to avoid tax is just disgusting.’

Here is the article in the Mail:

Taxman refuses to pay out charity tax relief claims to investors
Read more: http://www.thisismoney.co.uk/money/news/article-2272426/Taxman-refuses-pay-charity-tax-relief-claims-investors.html

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