Annual report of Alexandra Hospital for Children with Hip Disease : 1942.

  • Alexandra Hospital for Children with Hip Disease (London, England)
Date:
1942
Catalogue details

Licence: Public Domain Mark

Credit: Annual report of Alexandra Hospital for Children with Hip Disease : 1942. Source: Wellcome Collection.

    13/60 (page 9)
    Alexandra Hospital for Children with Hip Disease EXEMPTION FROM INCOME TAX ON CHARITABLE GIFTS. It may not be generally known that income tax is not payable on charitable subscriptions, provided that the Subscriber makes an agreement to continue the subscription for a period of seven years. A form for this purpose will be found on the next page, and if any friends of the Hospital will be good enough to fill up this form, and send it to the Secretary, the Hospital will be able to reclaim from the Inland Revenue Authorities the appropriate income tax. For example, at the present rate of tax, the Hospital can reclaim from the Inland Revenue Authorities on an annual subscription of £1 Is. Od. income tax to the amount of £1 Is. Od. £2 2s. Od. £5 5s. Od. £2 2s. Od. £5 5s. Od. i P f P It will be seen, therefore, that on a number of subscriptions the reclamation of tax would make a considerable difference to the total of the Annual Subscription list. Further, by filling up this form, the Subscriber not only enables the Hospital to reclaim income tax, but obtains the right to deduct the gross amount of the subscription from his own sur-tax return. Any additional information desired with regard to this matter will be gladly supplied by the Secretary upon application.