Missing child in Portugal - Madeleine McCann

[panther]

what was said in the statement at 3.30??....missed it!

[Traceyb37]

Originally Posted by panther

what was said in the statement at 3.30??....missed it!

http://news.sky.com/skynews/article/...266279,00.html

[Traceyb37]

http://www.mirror.co.uk/news/topstor...name_page.html


A person says she has seen madeleine!

[grego]

Hope that was a true sighting but she could be anywhere now.

[Lilly]

I think that there are bound to be several 'sightings' now due to the large amount of money (2.5 million pounds) offered to anyone providing information that leads to Madeleine's safe return.It's very sad but some people will say say they've seen her in an attempt to get their hands on that money.

[panther]

Originally Posted by grego

Hope that was a true sighting but she could be anywhere now.

the problem is with a little girl like maddy, she looks like alot of other little girls, im begining to think they are not gonna find her

[garinda]

Although our government have said they will do everything in their power to help to find Madeline McCann, they have decided not to give the trust set up in her name charitable status, thus meaning that thousands of pounds will go into Treasury coffers, instead of helping the cause. This is in the country that allows all private schools to have charitable status, and the tax breaks that come with it.

Disgraceful.

http://www.timesonline.co.uk/tol/new...cle1814156.ece

[spinner]

garinda
ok the trust fund should not be taxed. but your point about private schools having tax breaks-whats wrong with that. they do a damn fine job in teaching kids i seem to remember you saying that your neices/nephews are being educated in private scools. am i right? so youre a hypocrite

[grego]

Originally Posted by Lilly

I think that there are bound to be several 'sightings' now due to the large amount of money (2.5 million pounds) offered to anyone providing information that leads to Madeleine's safe return.It's very sad but some people will say say they've seen her in an attempt to get their hands on that money.

I dont think anyone will make it up Lilly as the money would only be given if they found her, so pretending that you'd seen her would be of no benefit.

[Gayle]

Originally Posted by garinda

Although our government have said they will do everything in their power to help to find Madeline McCann, they have decided not to give the trust set up in her name charitable status, thus meaning that thousands of pounds will go into Treasury coffers, instead of helping the cause. This is in the country that allows all private schools to have charitable status, and the tax breaks that come with it.

Disgraceful.

http://www.timesonline.co.uk/tol/new...cle1814156.ece

The trust can have charitable status if it applies to be a charity. It is not currently a charity from what I understand. Should it apply there is absolutely no reason why it would be refused a charity status. Once it becomes a charity it will then automatically have tax relief. If however, the trust decides not to apply to make it a charity then there is no reason why the government should arbitarily just award it tax relief. What the government has actually said is that it will not give it charitable status without it being a charity.

[cashman]

if that is correct gayle, then its another shameful example of the crap we read in the press, also grego wish you were correct, but some sickos in society will try anything for their 5 mins of fame, and WILL give false info. everytime there is a murder anywhere theres usually 5/6 false confessions. perhaps you got to much faith in people?

[garinda]

Originally Posted by spinner

garinda
ok the trust fund should not be taxed. but your point about private schools having tax breaks-whats wrong with that. they do a damn fine job in teaching kids i seem to remember you saying that your neices/nephews are being educated in private scools. am i right? so youre a hypocrite

How does that make me a hypocrite? I don't chose where my brother sends his children to school. Therefore my pointing out that private schools are seen as charitable institutions, when they educate the wealthiest in society, in relation to the fact that the Madeline McCann trust isn't too receive the same status, isn't hypocritical at all.

Simple. Perhaps you shoud have paid a little more attention in school yourself.

[garinda]

Originally Posted by Gayle

The trust can have charitable status if it applies to be a charity. It is not currently a charity from what I understand. Should it apply there is absolutely no reason why it would be refused a charity status. Once it becomes a charity it will then automatically have tax relief. If however, the trust decides not to apply to make it a charity then there is no reason why the government should arbitarily just award it tax relief. What the government has actually said is that it will not give it charitable status without it being a charity.

As far as I understand it has applied, but has been turned down by HM Revenue and Customs already, because the fund isn't seen as 'for the wider public good'.





'In addition, the fund will not benefit from gift aid, a form of tax relief that allows charities to claim from the government an additional 28p for every £1 they receive in donations. And tax will have to be paid on all interest accrued by the fund.


Last night the Treasury refused to intervene, insisting it was the preserve of HM Revenue & Customs to decide tax liability.
The development will embarrass Gordon Brown who told Madeleine’s family last week he would do all he could to help on “a practical and a personal level”.


The decision on charitable status could hit the family’s efforts to trace Madeleine. Her parents Kate and Gerry are considering hiring a private investigator amid concern over the way police have handled the hunt. A FUND to finance the international search for Madeleine McCann will be forced to pay Vat and denied tax breaks worth tens of thousands of pounds after being refused charitable status writes Mark Macaskill.


The Madeleine fund has already received almost £80,000 from the public and businesses. Madeleine’s parents had hoped for charity status for the fund but were turned down by the Charity Commission because the money raised is not for the “wider public good”.


Instead, the fund has been registered as a company, which means it is liable to pay Vat at 17.5% on advertising costs and goods designed to raise funds, such as stickers. Charities are eligible for “zero rate” tax relief on such expenses.

[Gayle]

No, it has applied to the government to be treated as charitable status even though it's not a charity. It is a company and therefore eligible for tax. You can't be both things and yet they've asked the government if they can be an exception - why should they be allowed that?

As for VAT, they can claim VAT relief on other things instead. They'll be able to claim VAT back and other tax reliefs. You can't have it both ways.

[garinda]

Originally Posted by Gayle

No, it has applied to the government to be treated as charitable status even though it's not a charity. It is a company and therefore eligible for tax. You can't be both things and yet they've asked the government if they can be an exception - why should they be allowed that?

They were turned down as a charitable trust because of it being exclusively concerned with one child, Madeline.

Perhaps they need a 'grant getter' to explain if they changed the fund to be about all missing children, they may stand a better chance.