TaxPayers’ Alliance: Give It Back
Following the Guardian’s revelations that the TaxPayers’ Alliance set up a charitable arm, the Politics and Economics Research Trust, to claim tax relief on donations from wealthy backers, we call on the TPA to:
1) Give £150,000 back to the Treasury*
2) Disclose how the funds raised by the Politics and Economics Research Trust were spent.
This is a win-win solution for the TPA:
WIN 1) It will be doing its bit to help reduce the budget deficit that it claims to find so abhorrent.
WIN 2) It will be reaffirming its commitment to transparency, and helping to silence any suggestion that it is an alliance of unscrupulous hypocrites.
How can it refuse?
*This figure assumes that 40% of the £373,230 received by the Trust during 2008 was composed of tax relief. The figure may be less if not all donors were high-rate taxpayers, or not all allowable tax relief was claimed or gifted to the Trust. If the estimate is incorrect we will be happy to amend it on sight of the correct figures. Please note that this estimate covers 2008 only; an additional amount will need to be repaid for 2009.
Posted by Other TPA at 04:32pm on 21 December 2009
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