Hey Paul, Thomas et. al,
Paul, thanks for introducing yourself here and for subscribing to the list
- something I would expect every board member should do, as it keeps
everybody up-to-date and offers an easy way to stay in touch with the board.
I fully understand that the rules and regulations are not the best in the
world. Can you maybe give us a rough idea by which time you think you will
have this resolved?
And I agree with Thomas that your on-wiki identity would be of interest.
Regards,
Ian
[[User:Poeloq]]
On Tue, Jul 22, 2008 at 12:44 AM, Businessfirst <businessfirst_1(a)yahoo.co.uk>
wrote:
----- Original Message ----
From: Thomas Dalton <thomas.dalton(a)gmail.com>
To: wikimediauk-l(a)lists.wikimedia.org
Sent: Monday, 21 July, 2008 11:22:32 PM
Subject: Re: [Wikimediauk-l] Hello
According to the HMRC, their tax recognition for small charities
should make everyone treat you as a charity. Do the banks not
subscribe to that? Have we at least got that tax recognition sorted
out so we can accept tax deductable donations? You'll struggle to get
£5000 pledged without that.
That's what you would think.
It took a hell of a lot of going in circles, talking to this and that
person, and telephone tag for quite a few weeks, to establish it's not so.
HMRC's tax status is easy to obtain. It's not charitable status, and as best
I have managed to find out, doesn't get you recognized as a charity by a
high street bank. You'd think it would. Saying we have "tax exempt status"
also wouldn't carry the same weight with sponsors and donors as "charitable
status" would. The latter means our finances and scrutiny are done according
to applicable UK charity rules and carries credibility; not just that we
operate like any other company but with an agreement we can claim tax back.
One option we're looking into for resolving this would require a bit of
deft footwork at Companies House, and I'll probably know more whether this
route is viable by the end of the month.
-- Paul Sinclair
businessfirst
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