Social calls
Article Abstract:
United Kingdom pension funds could allocate investment for social welfare purposes. The government is carrying out a pensions review and aims to avoid increasing direct taxes for welfare, so encouraging pension funds to fill the gap is a possible proposal. Pensioners could benefit from helping invest in welfare since lack of investment could push up crime rates and lead to their having to spend more on security. There is a need for more information on sources of socially responsible investment, and Malcolm Lynch Solicitors has carried out a survey as part of a study by the European Union.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Called to account
Article Abstract:
There is a variation in the performance of United Kingdom charities in managing administration costs, according to the Charities Aid Foundation. Cost control is an important issue, especially because accusations of wastefulness can mean a loss of public support. A number of factors affect a charity's administration costs, and economies of scale do help. Charities also have lower costs if they receive large one-off grants rather than funds from the general public.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Spreading festive cheer to the needy
Article Abstract:
There are a number of tax concessions and schemes affecting charitable donations in the UK. Income tax relief can be obtained through the Gift Aid scheme which applies to donations of more than 250 pounds sterling. Employers may run Payroll Giving Schemes, and taxpayers can also use a deed of covenant for regular payments. Either the Gift Aid scheme or a covenant can be used for establishing a trust. Professional advice is needed by donors setting up a trust.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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