What is it with rich/well off notorieties?

[Polarbear]

After Kier, his wife, Angela's and numerous other Labour politicians revelations about getting freebies worth rather a lot of money (as Boris did if I remember as well) it's now come out that Naomi Campbell and a few of her fasionista mates have been banned from being trustees for dipping their little piggy noses into the charity trough they were meant to be trustees of.
Naomi Campbell banned from being charity trustee

Why is it that people who are stinking rich (and I'm not critisising that, per se) feel the need to get something for nothing when it would make as big a dent in their finances as buying a blackjack would do to mine.

I suppose it's more a case of I'm so sorry (I got caught).

Still, if someone offered to buy me a Bentley, I'm sure I wouldn't say no.

https://www.bbc.co.uk/news/articles/c70zn97q1n8o
____________________
Triumph Trophy Launch Edition

[Easy-X]

Half these "charities" are nothing of the sort and really just another clever way to derive an income. "How can I make bank from my name?" Start a charity and gobble up the donations in consultancy fees. Fashion for Relief paid out 8.5% of their income on what you and I would call charity.

Also helps if you have a big ego: "Do you know who I am? I deserve this money!"
____________________
Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[WD Forte]

Yep I'm cynical about 'not for profit' and especially these woke charidees and wonder about how much of the donations recieved
actually goes to the named beneficiaries after 'overheads'

BLM for one was/is utterly corrupt and probably not the only one.
____________________
bikers smell of wee

[Easy-X]

This is one of those areas where words have two meanings. Donating to [small c] charity one would expect most of your money to go towards the cause but Charity as a legal definition is just another non-corporeal entity - like a company - with all the associated red tape.

For a really simple example, let's take a charitable foundation. Someone leaves a pile of money in trust. It gets invested (and managed... i.e. fees) and some of it gets paid out to your "on the street" charities and good causes. How much is some? No idea but usually less than 5% of total assets (as an aside, 5% is the going rate for Western countries other than the UK.)

Why? It is argued that investing and paying out returns (less expenses of course) is better long term than blowing it all in one go. Argued of course by the trustees of said foundations So yet another magnet for wealth bound up and probably doing little more for the world than an index tracking fund

tl;dr Charity today is just another form of Capital Accumulation.
____________________
Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[stinkwheel]

Until very recently, top-flight fee-paying schools were allowed to be run as "charities". I think they've well and truly been shown their own arse now though, and not even by Labour.

My brother is pissy about this, and now paying VAT on it too because he sends both his kids to one. I did point out I already pay for his and everybody elses kids to go to school and I don't get a tax break on it, nor do I have kids.
____________________
“Rule one: Always stick around for one more drink. That's when things happen. That's when you find out everything you want to know.”
I did the 2010 Round Britain Rally on my 350 Bullet. 89 landmarks, 3 months, 9,500 miles.

[The Artist]

[Ste]

Should VAT be paid on university tuition fees?

[stinkwheel]

[Nobby the Bastard]

It should be grants and not loans like it was bacck when I was of that age. VAT wouldnt be relevant to UK students and would only affect studeents from overseas.
____________________
trevor saxe-coburg-gotha:"Remember this simple rule - scooters are for men who like to feel the breeze on their huge, flapping cunt lips."
Triumph Sprint ST 1050

[Polarbear]

[Ste]

That's all well and good but going back to my original question, should VAT be paid on university tuition fees?

[Easy-X]

In principle, VAT is "Value Added Tax". Literally: did you buy something, add value and sell it to a consumer. I've always thought VAT on immaterial services shaky ground anyway.

Cutting across that is the concept of charity. Are you running your non-corporeal entity on not-for-profit or for-the-public-benefit basis? Schools and Unis can easily be run on such principles. Something like "we charge XYZ tuition fees and any profits we make go to scholarships and bursaries for improvised students who academically qualify." Obviously how many students get funded and the qualification criteria would be up for negotiation.
____________________
Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[Nobby the Bastard]

[Easy-X]

I dunno, it's something that nags at me. I would have been quite alright with writing the topic off but as you've chimed in there must be something to it
____________________
Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[sickpup]

[Polarbear]

[Easy-X]

https://i.imgur.com/Ezs9uzO.mp4
____________________
Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter