Thursday, January 31, 2013

Charity Cup Trust tax avoidance scheme

Charity Cup Trust tax avoidance scheme: A charity at the centre of a multi-million pound tax-avoidance scheme had been investigated by the Charity Commission, but was allowed to continue operating because it had not broken any charity laws.

The Times today revealed that the Cup Trust had enabled its donors to avoid a total of �46m in tax through gift aid incentives

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