CHARITY + PRETAX

English translation: donation to charity --> income tax recoverable by the charity

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:CHARITY + PRETAX
English translation:donation to charity --> income tax recoverable by the charity
Entered by: Robin Levey

20:02 Feb 3, 2018
English to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
English term or phrase: CHARITY + PRETAX
I found this record in an old P60 form (UK) from 2007 in the "For employers' use" section. The amount provided is 0, so I have no way of calculating what it stands for myself. Could anyone please try and explain?
juztlumacze
Poland
donation to charity --> income tax recoverable by the charity
Explanation:
I think the ST (dated 2007) might refer to a scheme in the UK where an employee could donate a percentage of his/her salary/wages to a registered charity. Such donations were considered as part of the employee's income, and the corresponding “pretax” was mentioned on the payslip. However, the charity could then declare the received donation to the tax authority, who would then transfer (all or part of) the “pretax” to the charity, as a “bonus” on top of the employee’s donation.

I don’t think the scheme has survived recent UK government legislation, but a (vaguely) similar scheme (applying to ordinary charity donations, perhaps not to amounts taken from wages/salary) is mentioned here, in Jersey (Channel Islands), which is a dependency of the British Crown (and well-known haven for folk allergic to paying tax):

http://jerseywomensrefuge.org/help-us/donate/

“If you are a Jersey resident and pay tax, your donation may be eligible for tax exemption. If you have made a one-off payment of £50 or over, the lump sum donation scheme the charity gets an additional 25%. So if you donate £100 the charity will get an additional £25.
Please complete and return the R10 Certificate to our Administrator at PO Box 708, St Helier, Jersey, JE4 0PW, and we will be able to increase the amount of your gift by reclaiming the tax due on the amount.”


(NB: there's a word mising in the website: "... £50 or over, the lump sum donation scheme ..." should read: "... £50 or over, under the lump sum donation scheme...".)
Selected response from:

Robin Levey
Chile
Local time: 20:31
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Summary of answers provided
3donation to charity --> income tax recoverable by the charity
Robin Levey
Summary of reference entries provided
Comment
Taña Dalglish

Discussion entries: 2





  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
charity + pretax
donation to charity --> income tax recoverable by the charity


Explanation:
I think the ST (dated 2007) might refer to a scheme in the UK where an employee could donate a percentage of his/her salary/wages to a registered charity. Such donations were considered as part of the employee's income, and the corresponding “pretax” was mentioned on the payslip. However, the charity could then declare the received donation to the tax authority, who would then transfer (all or part of) the “pretax” to the charity, as a “bonus” on top of the employee’s donation.

I don’t think the scheme has survived recent UK government legislation, but a (vaguely) similar scheme (applying to ordinary charity donations, perhaps not to amounts taken from wages/salary) is mentioned here, in Jersey (Channel Islands), which is a dependency of the British Crown (and well-known haven for folk allergic to paying tax):

http://jerseywomensrefuge.org/help-us/donate/

“If you are a Jersey resident and pay tax, your donation may be eligible for tax exemption. If you have made a one-off payment of £50 or over, the lump sum donation scheme the charity gets an additional 25%. So if you donate £100 the charity will get an additional £25.
Please complete and return the R10 Certificate to our Administrator at PO Box 708, St Helier, Jersey, JE4 0PW, and we will be able to increase the amount of your gift by reclaiming the tax due on the amount.”


(NB: there's a word mising in the website: "... £50 or over, the lump sum donation scheme ..." should read: "... £50 or over, under the lump sum donation scheme...".)


Robin Levey
Chile
Local time: 20:31
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thank you!
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Reference comments


1 hr peer agreement (net): +1
Reference: Comment

Reference information:
I may be missing something very basic here, but if under "For employer's use" section, there is a "0", that means it is a "zero/nil value", whichever section that falls under (you have not stated). The company/employer or the staff is responsible for filling in that section. I don't see what there is to calculate.

http://www.i-payslips.co.uk/replacement-p60.html
https://www.gov.uk/hmrc-internal-manuals/paye-manual/paye611...

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Note added at 1 hr (2018-02-03 22:00:20 GMT)
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https://www.taxfix.co.uk/forum/wp-content/uploads/2010/04/p6...
This is a 2007-2008 End of Year Certificate, but I don't see any "For employers' use" section.

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Note added at 6 hrs (2018-02-04 02:13:08 GMT)
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Here is another P60 form from 2007-2008 (pg. 3): http://webarchive.nationalarchives.gov.uk/20091003011942/htt... and again your explanation does not match up at all with this form.

Taña Dalglish
Jamaica
Native speaker of: Native in EnglishEnglish

Peer comments on this reference comment (and responses from the reference poster)
agree  philgoddard
1 hr
  -> Thanks.
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