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Old 01.11.2019, 08:13
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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George Osborne was going to limit tax relief for gifts to charities in 2012 to 50,000 or 25% of income, however the charities were not happy se he did a U turn.

That donation is fully tax deductible in the U.K. so JKR will have reduced her personal tac bill by approx 6,850,000 depending on exchange rate at the time.

It's how the rich go on tax strike, by donating 110% of their income to charity. Very normal if under investigation for any length of time as paying too little tax can result in massive penalties & interest.
and the relevance to Brexit is....?
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