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    HebrideanHecate (hebrideanhecate@spinster.xyz)'s status on Monday, 23-Dec-2024 00:56:50 JSTHebrideanHecateHebrideanHecate

    Dirty fuckers.

    https://www.gbnews.com/money/tax-scrooge-reeves-national-insurance-charity

    Rachel Reeves has been likened to "Ebenezer Scrooge" from Charles Dickens' A Christmas Carol as it emerged her Budget tax grab will mean nearly half of every pound donated to charity will effectively go to the Government.

    The Chancellor's National Insurance changes mean that 45 pence in every pound given to charitable causes will be handed over to HM Revenue and Customs (HMRC) next year.

    This revelation has sparked outrage among charity leaders and politicians, who warn the tax raid threatens vital services across the voluntary sector amid the ongoing cost of living crisis.

    Sarah Elliott, head of the National Council for Voluntary Organisations, warned that many charities are now facing "devastating decisions" between managing overstretched budgets and providing essential services.

    The tax changes are set to take effect from April 2025, with charity bosses warning staff layoffs and cutting crucial support programmes are being considered to mitigate the cost.

    In conversationabout 5 months ago from spinster.xyzpermalink
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