Religion and Ethics Forum

General Category => Politics & Current Affairs => Topic started by: Owlswing on June 18, 2017, 09:52:29 AM

Title: A justifiable business expense?
Post by: Owlswing on June 18, 2017, 09:52:29 AM

Comments please.

https://uk.finance.yahoo.com/news/justgiving-takes-390-000-fees-070100808.html
Title: Re: A justifiable business expense?
Post by: Robbie on June 18, 2017, 11:10:57 AM
Yes, it's a small percentage of the millions collected. JustGiving is efficient and effective. a lot of administration is involved, no-one's 'coining it'.
Title: Re: A justifiable business expense?
Post by: Walter on June 18, 2017, 11:18:17 AM
Comments please.

https://uk.finance.yahoo.com/news/justgiving-takes-390-000-fees-070100808.html
If it worries you, be like me, don't give to charities .
Title: Re: A justifiable business expense?
Post by: Owlswing on June 18, 2017, 11:21:38 AM

If it worries you, be like me, don't give to charities .


I've never used 'JustGiving'. Any donations to charity I give I give direct to the charity.
Title: Re: A justifiable business expense?
Post by: Walter on June 18, 2017, 11:24:37 AM
I've never used 'JustGiving'. Any donations to charity I give I give direct to the charity.
I think you misunderstood my point.
Title: Re: A justifiable business expense?
Post by: Owlswing on June 18, 2017, 11:29:46 AM

I think you misunderstood my point.


Which was?
Title: Re: A justifiable business expense?
Post by: Walter on June 18, 2017, 11:31:23 AM
Which was?
don't give to charities
Title: Re: A justifiable business expense?
Post by: Owlswing on June 18, 2017, 12:13:11 PM

 don't give to charities


That is, of course, an alternative choice.
Title: Re: A justifiable business expense?
Post by: Walter on June 18, 2017, 12:17:59 PM
That is, of course, an alternative choice.
it is and I made it.
Title: Re: A justifiable business expense?
Post by: Owlswing on June 18, 2017, 01:56:54 PM

it is and I made it.


No argument - end of!
Title: Re: A justifiable business expense?
Post by: Robbie on June 18, 2017, 05:54:46 PM
There are charities that spend no money on admin.  Lifeboats for example.

It's simple to give to other charities like Mind or the Red Cross who take a small percentage.

Something like the Grenfell disaster is a one off (we hope) and more people will want to give in a short space of time, Just Giving handle huge amounts of moneys o I think their expenses are legitimate.  They're not ripping anyone off.

As Walter says no-one has to give.
Title: Re: A justifiable business expense?
Post by: floo on June 19, 2017, 09:19:30 AM
I prefer to give directly to charities.
Title: Re: A justifiable business expense?
Post by: Harrowby Hall on June 19, 2017, 09:43:33 AM
Say you are an accountant. You see an advert for a job as an accountant in a large charity and apply for it. The job makes demands on your skills which are appropriate for someone with your qualifications and experience. The market value of an accountant with your qualifications is, say, £50,000 pa.

At the interview you are told that although you might normally expect to be paid £50,000 you will only be paid £30,000 because the organisation is a charity. Do you consider this to be satisfactory?
Title: Re: A justifiable business expense?
Post by: Rhiannon on June 19, 2017, 09:52:08 AM
You can donate to Grenfell on the British Red Cross home page by PayPal. Doesn't get any easier than that any you know where the money is going.
Title: Re: A justifiable business expense?
Post by: jeremyp on June 19, 2017, 08:14:49 PM
There are charities that spend no money on admin.  Lifeboats for example.

I don't believe that.

They must have some permanent staff. They must have their accounts professionally audited.
Title: Re: A justifiable business expense?
Post by: Owlswing on June 19, 2017, 08:16:57 PM
Say you are an accountant. You see an advert for a job as an accountant in a large charity and apply for it. The job makes demands on your skills which are appropriate for someone with your qualifications and experience. The market value of an accountant with your qualifications is, say, £50,000 pa.

At the interview you are told that although you might normally expect to be paid £50,000 you will only be paid £30,000 because the organisation is a charity. Do you consider this to be satisfactory?

I wonder just how many accountants who work for charities have no other businesses for which they also do accountancy tasks.

Not many, I would venture to siggest.
Title: Re: A justifiable business expense?
Post by: Robbie on June 19, 2017, 08:39:57 PM
Rhiannon thanks for info re Red cross. Your point about Lifeboats may be right I was only going on what I was told about them not paying for admin (I Know people who particularly give to them because of that) but thinking about it they wooudn't be likely to have volunteer auditors.
Just found this- https://rnli.org/support-us/how-your-support-helps/where-your-money-goes

People who work for an organisation with charitable status accept they'll earn lesser salary than equivalent job elsewhere. Don't know about twenty grand less though, that seems like a big dip HH.

Yes I'd think accountants do some other work to supplement their income Owlswing, anybody would.

Title: Re: A justifiable business expense?
Post by: Owlswing on June 19, 2017, 10:20:26 PM
Rhiannon thanks for info re Red cross. Your point about Lifeboats may be right I was only going on what I was told about them not paying for admin (I Know people who particularly give to them because of that) but thinking about it they wooudn't be likely to have volunteer auditors.
Just found this- https://rnli.org/support-us/how-your-support-helps/where-your-money-goes

People who work for an organisation with charitable status accept they'll earn lesser salary than equivalent job elsewhere. Don't know about twenty grand less though, that seems like a big dip HH.

Yes I'd think accountants do some other work to supplement their income Owlswing, anybody would.

 I worked from age 15 to 67, mostly in accounts, and would have been happy even in the last days to have been paid £30K. If these accountants think this less than their due . . . .
Title: Re: A justifiable business expense?
Post by: Robbie on June 19, 2017, 10:36:12 PM
Owlswing chartered accountants can earn a lot of money depending on their specialty.Not much point in studying for years & doing very expensive examinations without some financial reward at the end of it.

http://www.icaewjobs.com/article/icaew-salary-survey-2013-/

Those who work for charitable organisations have often had a career in business and want to do something else later on in life.They've made their pile, kids grown up, house paid for and so can afford to work for less than the usual rate. Also a less corporate environment appeals - something I understand.

Charities often employ a firm of accountants/auditors who specialise in charities.



Title: Re: A justifiable business expense?
Post by: Bubbles on June 20, 2017, 12:29:39 AM
I tend to think a lot of charities have become money pots for some individuals who earn quite a lot out of it. ( even if they have to earn a living for full time work, it doesn't have to be £100,000 plus ).

http://www.telegraph.co.uk/news/politics/10224104/30-charity-chiefs-paid-more-than-100000.html

Most charities are run as a business, this means a lot is deducted for expenses.

Just giving as well.

In some ways I don't like it, but in others, it is the good it does do, that matters.


Just giving , for example has enabled individuals to raise money in sponsorships that was more difficult before. 
Without just giving we would be back to wandering around asking people to sponsor us on paper and have to collect the sponsorship afterwards, it's made it easy for ordinary people to support causes they feel strongly about.

5% and additional charges normally would look minimal, it's just when you are talking about raising large sums like 7million it looks a lot.

Just giving is more useful for modest causes for individuals to be sponsored for running, or having their head shaved etc.

For really big events it probably isn't as useful, but having said that, it saves having to open bank accounts for the funds and the bank most likely charges you a fee anyway.

Just giving is just useful, saves hassle, enables people to raise money for causes. Also it's easy to give the link, easy for others to pay by PayPal or card.

You don't have to try and collect it after the event.

On the whole, for just giving , I'm not against it.

It has benefits, which you have to pay a fee for.

Really big amounts need to go through an alternative imo, but I doubt if the banks would do it totally for free.

I do think charities should be accountable though and publish public accounts, so people can make their own choices.
Title: Re: A justifiable business expense?
Post by: Harrowby Hall on June 20, 2017, 10:22:16 AM

People who work for an organisation with charitable status accept they'll earn lesser salary than equivalent job elsewhere. Don't know about twenty grand less though, that seems like a big dip HH.

Yes I'd think accountants do some other work to supplement their income Owlswing, anybody would.

You seem to have misunderstood my point, Robinson, which was that the labourer is worthy of his hire.

Would you accept a lesser salary for doing a particular job merely because the employer is a charity? Surely, you would want to be paid the going rate.  Does that mean that a teacher working for Eton College would be paid less than one at Langley Grammar School up the road in Slough? (FYI - Eton College is a registered charity!)

To get back to the point of this thread - charities have expenses, such as staff costs, which have to be met from income.
Title: Re: A justifiable business expense?
Post by: Nearly Sane on June 20, 2017, 10:44:16 AM
You seem to have misunderstood my point, Robinson, which was that the labourer is worthy of his hire.

Would you accept a lesser salary for doing a particular job merely because the employer is a charity? Surely, you would want to be paid the going rate.  Does that mean that a teacher working for Eton College would be paid less than one at Langley Grammar School up the road in Slough? (FYI - Eton College is a registered charity!)

To get back to the point of this thread - charities have expenses, such as staff costs, which have to be met from income.


And there is always surely a reasonable question about whether those charges are commensurate?

Further just giving isn't a charity. It's a commercial venture.
Title: Re: A justifiable business expense?
Post by: Harrowby Hall on June 20, 2017, 11:21:24 AM

Further just giving isn't a charity. It's a commercial venture.

That is a fair point. However, it is likely that charities use Just Giving because it is an efficient way of managing donation.
Title: Re: A justifiable business expense?
Post by: floo on June 20, 2017, 11:31:54 AM

And there is always surely a reasonable question about whether those charges are commensurate?

Further just giving isn't a charity. It's a commercial venture.


A commercial venture people should avoid, if they want all their donations to go to a charity!
Title: Re: A justifiable business expense?
Post by: Robbie on June 20, 2017, 12:02:54 PM
You seem to have misunderstood my point, Robinson, which was that the labourer is worthy of his hire.

Would you accept a lesser salary for doing a particular job merely because the employer is a charity? Surely, you would want to be paid the going rate.  Does that mean that a teacher working for Eton College would be paid less than one at Langley Grammar School up the road in Slough? (FYI - Eton College is a registered charity!)

To get back to the point of this thread - charities have expenses, such as staff costs, which have to be met from income.

Oh no I quite a agree that a workman is worthy of their hire but many people want a career change mid-life and will be prepared to take a dip in salary if the job suits them, not necessarily a charity (I did that at 45 & it was a good move). Doesn't mean working for peanuts though.

Yes Justgiiving is extremely efficient, I've no problem with donating via them at odd times.
Title: Re: A justifiable business expense?
Post by: Walter on June 20, 2017, 12:45:58 PM

A commercial venture people should avoid, if they want all their donations to go to a charity!
I saw I sign once, don't remember where, it said
'DONT FEED THE ANIMALS'
Title: Re: A justifiable business expense?
Post by: Robbie on June 20, 2017, 06:29:07 PM
 :)
Not surprising they cry - We've gotta get out of this place!
Title: Re: A justifiable business expense?
Post by: Owlswing on June 20, 2017, 07:36:06 PM
Owlswing chartered accountants can earn a lot of money depending on their specialty.Not much point in studying for years & doing very expensive examinations without some financial reward at the end of it.

http://www.icaewjobs.com/article/icaew-salary-survey-2013-/

Those who work for charitable organisations have often had a career in business and want to do something else later on in life.They've made their pile, kids grown up, house paid for and so can afford to work for less than the usual rate. Also a less corporate environment appeals - something I understand.

Charities often employ a firm of accountants/auditors who specialise in charities.

If they have, and I quote, made their pile, then take £ 30 grand from a charirty that is pure unadulterated greed!
Title: Re: A justifiable business expense?
Post by: Harrowby Hall on June 20, 2017, 08:00:16 PM
If they have, and I quote, made their pile, then take £ 30 grand from a charirty that is pure unadulterated greed!

Even if that charity is Eton College?
Title: Re: A justifiable business expense?
Post by: Robbie on June 20, 2017, 08:20:58 PM
If they have, and I quote, made their pile, then take £ 30 grand from a charirty that is pure unadulterated greed!

People are entitled to earn their living Owlswing. Charities have to employ people, even charity shops have manager & under manager who earn a salary albeit not as big a one as they would if they worked somewhere like Debenhams.. Same goes for theirarea managers, office staff, HR, maintenance people. They keep their costs down as far as possible.

It's not greedy to want money to put food on the table!

When I'm 65 if i'm still fit I'll be happy to volunteer in some capacity but right now I earn which is right & proper..
Title: Re: A justifiable business expense?
Post by: Owlswing on June 20, 2017, 11:17:19 PM
Even if that charity is Eton College?

If Eton were a charity - I cannot imagine it is!
Title: Re: A justifiable business expense?
Post by: Owlswing on June 20, 2017, 11:21:34 PM
People are entitled to earn their living Owlswing. Charities have to employ people, even charity shops have manager & under manager who earn a salary albeit not as big a one as they would if they worked somewhere like Debenhams.. Same goes for theirarea managers, office staff, HR, maintenance people. They keep their costs down as far as possible.

It's not greedy to want money to put food on the table!

When I'm 65 if i'm still fit I'll be happy to volunteer in some capacity but right now I earn which is right & proper..

You posted:

Quote - Those who work for charitable organisations have often had a career in business and want to do something else later on in life.They've made their pile, kids grown up, house paid for and so on -  quote

If they have done this and £ 30k is below their usual rate, their pension  will be a sizeable chunk of cash - stop trying to justify greed!
Title: Re: A justifiable business expense?
Post by: Robbie on June 20, 2017, 11:58:34 PM
OK Owlswing. I don't see wanting a decent salary as greed, we'll have to disagree.

People aren't gonna work for nothing though. They might donate some time free of charge to a good cause but not the same hours as paid  members of staff.

Unless someone is a millionaire they will need to earn until they get their pension and not many of us are millionaires.Even people reasonably comfortable are not going to want to deplete their capital in the present climate, especially with the uncertainty about care in their old age.
However they're probably not looking for a top of the scale job with its attendant pressures.

SENSE is a charity for the deaf-blind. They employ specialist teachers, helpers and maintain centres for learning and living & holiday places. The full time staff have to be paid. They can't rely solely on volunteers.
Title: Re: A justifiable business expense?
Post by: Harrowby Hall on June 21, 2017, 10:15:10 AM
If Eton were a charity - I cannot imagine it is!

Well, grow a better imagination then.

Wikipedia:

Quote
Until 18 December 2010, Eton College was an exempt charity under English law (Charities Act 1993, Schedule 2). Under the provisions of the Charities Act 2006, it is now an excepted charity, and fully registered with the Charities Commission,[87] and is now one of the 100 largest charities in the UK.[88] As a charity, it benefits from substantial tax breaks. It was calculated by the late David Jewell, former Master of Haileybury, that in 1992 such tax breaks saved the School about £1,945 per pupil per year, although he had no direct connection with the School. This subsidy has declined since the 2001 abolition by the Labour Government of state-funded scholarships (formerly known as "assisted places") to independent schools. However, no child attended Eton on this scheme, meaning that the actual level of state assistance to the School has always been lower. Eton's retiring Head Master, Tony Little, has claimed that the benefits that Eton provides to the local community free of charge (use of its facilities, etc.) have a higher value than the tax breaks it receives as a result of its charitable status. The fee for the academic year 2010–2011 was £29,862 (approximately US$48,600 or €35,100 as of March 2011),[89] although the sum is considerably lower for those pupils on bursaries and scholarships

Your understanding of the term "Charity" may be a little restricted.
Title: Re: A justifiable business expense?
Post by: Bubbles on June 21, 2017, 01:05:00 PM
People are entitled to earn their living Owlswing. Charities have to employ people, even charity shops have manager & under manager who earn a salary albeit not as big a one as they would if they worked somewhere like Debenhams.. Same goes for theirarea managers, office staff, HR, maintenance people. They keep their costs down as far as possible.

It's not greedy to want money to put food on the table!

When I'm 65 if i'm still fit I'll be happy to volunteer in some capacity but right now I earn which is right & proper..

When I'm 65 I'll still be working  >:(

And the younger people are the longer they will have to wait to retire.
Title: Re: A justifiable business expense?
Post by: Bubbles on June 21, 2017, 01:09:54 PM
So many things are supported by retired volunteers, from the Red Cross to meals on wheels, hospital shops, lifts to hospital and home for pensioners etc.

I wonder what is going to happen to volunteering once the retirement age goes up to 70?

More and more we might find charities will have to pay people something, or struggle to find volunteers.

You won't have the large group of fit retired pensioners to cope with doing it for free anymore.

It's going to be a hard world in the future, where people will be working until they drop!

Once again the government doesn't really appreciate the scale of what fit retired people do, only that its money saved by the government to put the pension age up.

 :(



Title: Re: A justifiable business expense?
Post by: Nearly Sane on June 21, 2017, 01:19:40 PM
Pension costs now take far more of govt expenditure in real terms than ever before, and that will continue to increase with the triple lock unless there is some catastrophic reversal and reduction in life expectancy.
Title: Re: A justifiable business expense?
Post by: Robbie on June 21, 2017, 08:41:58 PM
When I'm 65 I'll still be working  >:(

And the younger people are the longer they will have to wait to retire.

You have a point there Rose. There have always been people who work longer than 65 but it can't be much fun for someone who, fo example, has to get on knees every day to mend washing machines to be forced to!

I get pension from my previous firm when I'm 60 (in three years) and one from where I've worked last 12years when I'm 65 but I like working and may want to carry on. That probably sounds greedy to some  :D but I get so much satisfaction from my jjob, can't bear the thought of retiring. Still no-one knows what's round the corner, all I hope for, for myself, is good health.

I could be useful working part time for a charitable organisation when I'm beyond retirement age but would be happy to donate some time especially on an ad hoc basis.

(Btw the organisation for which I now work has charitable status. The salaries are quite reasonable, not as much as outside the charity sector but I don't see any colleagues being unhappy about it. The job satisfaction is great and anyway we all have a choice.)