Annual report : 1945 / the Children's Hospital (King Edward VII Memorial) Birmingham.

  • Children's Hospital (Birmingham, England)
Date:
1945
Catalogue details

Licence: Public Domain Mark

Credit: Annual report : 1945 / the Children's Hospital (King Edward VII Memorial) Birmingham. Source: Wellcome Collection.

    28/38 (page 28)
    EXEMPTION FROM INCOME TAX ON CHARITABLE GIFTS. In certain circumstances a Hospital is able, by the recovery of Income Tax on Annual Subscriptions, to increase the amount at no further cost to the Subscriber. Hospitals, being Charitable Institutions, are entitled to recover the tax, which can be added to the amount subscribed. In this way, with Income Tax at 9/-, an annual subscription of £1-1-0 becomes £1-18-0, £5-5-0 becomes £9-10-0, £10-10-0 becomes £19-0-0, and so on. By filling up a form of agreement as below, the subscriber may increase the amount of his subscription at no further cost to himself. FORM OF AGREEMENT. i, ...:.. of .♦. mo Hereby Covenant with The Children’s Hospital, Birmingham, that for a period of seven years from the sixth day of April, 19., or during my life, whichever period shall be shorter, I will pay annually to the said Hospital, such a sum as will, after the deduction of Income Tax leave in the hands of the Hospital a net sum of £., such sum to be paid from my general fund of taxed income, so that I shall receive no personal or private benefit in either of the said periods from the said sum of £. or any part thereof. In Witness whereof I have hereunto set my hand and seal this. day of ., 19. Signed, Sealed and Delivered by the said in the presence of Signature . Address. Occupation