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