Brewchin

u/Brewchin@lemmy.world
3 posts · 468 comments

Recent posts

Recent comments

Can't remember the last time I bought a pre-built computer (well over 30 years ago) where the Windows tax would apply.

TBH, even my laptops - where it might apply by default - have been work laptops that they've let me keep after I left. But for desktops: are there many typical users here who buy pre-built machines where this happens?

You're extraordinarily angry in both your comments to me. It baffles me as to why.

Perhaps take a moment to read the things I've said and the things you're assuming I meant, and then compare the two.

It's possible for companies to give money to charity (nobody has suggested otherwise) and gain significant benefit for themselves in doing so. Both parties win, and done within local laws.

Still worth knowing. Which is why your verbose rant is baffling.

I think it comes down to who the tax authority sees as being the source of the funds. It seems in the UK, at least, the payer to the charity is the donor and, if that donor is a company, they get a corporate tax break for it.

The charity gets their money either way (otherwise would be fraud), but the company isn't necessarily doing it out of the goodness of their heart: their tax bill goes down as a direct result.

Personally, I think the recipient charity getting the benefit of all those rounding up transactions is a good thing overall. But my original comment was about not allowing yourself to believe a comfortable lie: it's business, not philanthropy. Or perhaps, philanthropy in the typical rich benefactor style of giving - it's still a mutually beneficial transaction.

Picking the UK at random, this took 10 seconds to find so I doubt you tried to find anything:

Your limited company pays less Corporation Tax when it gives the following to charity:

  • money
  • equipment or trading stock (items it makes or sells)
  • land, property or shares in another company (shares in your own company do not qualify)
  • employees (on secondment)
  • sponsorship payments

You can claim tax relief by deducting the value of your donations from your total business profits before you pay tax.

It also allows the company to play PR games with how much "they" give to charity.