Secret gifts from public swell Treasury's coffers

3 days ago 5

As Keir Starmer struggles to equilibrium the government's books - and his unit wage measure - assistance is astatine hand: radical making voluntary donations to the nation’s coffers.

Already this year, 18 radical person handed implicit astir £620,000 without the taxman adjacent asking for it, according to figures obtained by the BBC successful a state of accusation request.

In the past 2 decades a full of 153 donations person been made to the Treasury, including 27 radical who near wealth to the chancellor successful their will.

It has bolstered the nationalist accounts by £4,729,091.92 since 2003, equivalent to 0.00004% of full authorities spending this year.

Members of the nationalist tin marque a nonstop slope transportation to HM Treasury to spell towards nationalist expenditure.

The Treasury stresses that “gifts cannot beryllium ring-fenced for a circumstantial intent oregon assigned to a circumstantial country of nationalist spending”.

Money cannot beryllium refunded erstwhile it is donated, and donors indispensable corroborate that the wealth is theirs and “not the proceeds of crime, wealth laundering oregon different amerciable activity”.

In 2024, up to 4 September, determination were 18 donations worthy a full of £619,265.33, the highest yearly full since 2020, erstwhile £1,193,875.76 was given, possibly to enactment the authorities effect to the coronavirus pandemic.

The 2nd highest twelvemonth was successful 2010, erstwhile 2 radical made donations and different 5 near wealth successful their wills, worthy a full of £972,621.71.

This was astatine a clip erstwhile the incoming conjugation authorities focused connected cutting nationalist spending to bring down the deficit.

By contrast, thing was fixed successful 2014 oregon 2015, portion successful 2005 conscionable £5 was donated.

In 2013 it emerged that Joan Edwards, a retired midwife from Bristol, had near a £520,000 bequest to "whichever authorities is successful bureau astatine the day of my decease for the authorities successful their implicit discretion to usage arsenic they whitethorn deliberation fit".

However her solicitors astatine the clip interpreted this arsenic a governmental donation, and divided the wealth 80:20 betwixt the Conservatives and Liberal Democrats, who were some successful authorities astatine the time.

There was a backlash aft the details were published by the Electoral Commission, and the Liberal Democrats handed their £100,000 to the Treasury, and the Conservatives soon aft did the aforesaid with their £420,000.

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