F
fummum
Guest
Does any one know if i can get tax back on school contributions, or voluntary donations?
You'd be amazed at the number of organisations that could benefit from charitable status and tax relief on donations but don't know about it and/or don't bother - or maybe there's a lot of hassle in getting registered?Schools should really be encouraging getting contributions up to get this relief. Most schools have a very active fundraising committee with huge amounts of effort in bake sales, fun days etc to generate income. But if all the voluntary contributions could be consolidated or paid every couple of years to reach the limit like in the example above, the school could generate income with far less effort. All it would take is a communication to parents and some admin on the school side, ie a form filled out by the contributor to be submitted.
I guess a lot of them are run by volunteers and a lot survive on small contributions. Would def be worth doing the sums to see though. I know our school sets the contribution level at 250 for that reason, and tells us we can go up or down but at least we know about it.You'd be amazed at the number of organisations that could benefit from charitable status and tax relief on donations but don't know about it and/or don't bother - or maybe there's a lot of hassle in getting registered?
Sorry - I wasn't referring to just schools here but also other places like cultural institutions that could avail of the scheme but don't know or don't bother. As I say, maybe there's significant work involved in getting registered as an "approved body" that sometimes makes it less attractive.I guess a lot of them are run by volunteers