Archive for the 'national charities' Category

Should multi-million pound charities like the NSPCC be taxed?

According to the charity Commission, from 1st Apr 2005 to the 31st March 2006, it earned £111,899,774.
They have £10.7 million pounds set aside for pensions alone!
Tax to pay £0.
The lowest earners pay one-third of their income in tax. That is someone who works 40 hours a week and earns £240 will pay [...]