Rutherglen Reformer

Well done to Jan for her super 70!

Charity donations can makeadiffe­rence

-

Dear Editor In reference to Jan Valance celebratin­g 70 years’ membership at Cathkin Braes Golf Club (Rutherglen Reformer July 11, 2018), I think it is a great achievemen­t.

I doubt anyone will ever achieve that in their own lifetime and she is still playing.

Jan was club champion in 1991 and ladies captain during the years 1986 and 1987.

She is a lovely lady and is well thought of at the club. Hilda Everett Ladies Secretary Cathkin Braes Golf Club

Dear Editor

The latest report by Charities Aid Foundation shows that there has been more than a 50 per cent annual rise in donations to charity, with over £1 billion being given in Scotland.

This reflects a trend that we regularly see for wealthy individual­s who want to give something back to the community to ensure that their hard work and good fortune can make a positive difference to the lives of others.

When someone is considerin­g a sizeable donation to charity it is important that they fully understand the requiremen­ts of the Office of the Scottish Charity Regulator, affectiona­tely known as Oscar (OSCR).

In addition to needing to pass OSCR’s “charities test” to show that the organisati­on will support good causes and provide a benefit to the public, there are ongoing monitoring and compliance duties and it is important to understand these at the outset.

Once OSCR has approved the formation of the charity, then registrati­on is also required with HMRC in order to ensure that it also qualifies for the tax reliefs and exemptions available.

We are also seeing an increasing trend of charities looking to use their funds in more imaginativ­e ways.

Traditiona­lly charities would provide funding for projects; however, many charities now prefer to provide loans, seed funding or social impact investment.

The fact that Scotland has donated £1 billion in a year is a real credit to the country.

In times of austerity the need out there is great so it is essential to ensure that any donations are as tax efficient and as targeted as possible, allowing the funds to make a greater impact at the coalface. Lianne Lodge Head of Charities Gillespie Macandrew

Newspapers in English

Newspapers from United Kingdom