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Unpaid Tax Relief at Source - donated to charity?

Kildrought · 2012-02-21 15:33:49

Hope someone can shed some light on this one. It was mentioned to me that banks often have TRS paid to them from Revenue which they are unable to allocate as the relevant bank a/c is closed for whatever reason. The person telling me this was insistent that banks have the discretion to distribute this money to various…

21-02-2012 3:33pm

#1

Kildrought

Registered Users, Registered Users 2 Posts: 381 ✭✭

Join Date: August 2005

Posts: 371

Hope someone can shed some light on this one.

It was mentioned to me that banks often have TRS paid to them from Revenue which they are unable to allocate as the relevant bank a/c is closed for whatever reason. The person telling me this was insistent that banks have the discretion to distribute this money to various charities.

It's seems pretty unlikely to me to be honest, I don't see that it's the banks money to be distributing in this way, but perhaps someone here could give me better information?

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Comments

#2 21-02-2012 4:07pm

star gazer

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Join Date: September 2003

Posts: 1550

Moved from Volunteerism
A better chance of getting this answered in Taxation, I'll leave a redirect.

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