BOTANICAL SOCIETY OF THE BRITISH ISLES 
NOTICE TO MEMBERS 
Payment of Subscriptions by Deed of Covenant 
An Institution which has been accepted by the Revenue Authorities 
as one which is established in the United Kingdom for charitable pur- 
poses is able to recover the Income Tax attributable to subscriptions 
paid under certain conditions. 
It is understood that the BOTANICAL SOCIETY OF THE BRITISH 
ISLES will be regarded for Income Tax purposes as a Charitable Or- 
ganisation and the Council believe that many members will be desirous 
of enabling the Society to take full advantage of the benefit offered and 
will be prepared to fulfil the necessary conditions. 
No additional cost will be incurred by subscribers PROVIDED THEY 
SUFFER TAX AT THE FULL STANDARD RATE ON AN AMOUNT 
OF INCOME NOT LESS THAN THE GROSS AMOUNT OF THE 
PROPOSED SUBSCRIPTION. 
The benefit offered is that while Income Tax remains at 9/6 in the 
£1 the value to the Society of money subscribed may be increased b^' 
90%. On the annual subscription of £1 Is Od the tax recoverable 
amounts to 19/-, thus making the contribution £2. 
KINDLY NOTE THE FOLLOWING POINTS: — 
1. The member makes a covenant with the Hon. Treasurer of the 
Society (see specimen attached). The Covenant must be for a 
jjeriod of at least seven years unless it is annulled earlier by the 
death of the member. 
2. The Deed of Covenant must be signed BEFORE payment is made. 
3 Covenants must be returned to the Hon. Treasurer as soon after 
the date of signing as possible in order that he may have them 
stamped by the Inland Revenue before 28 daj's elapse. 
4. The Society will send a reminder to members each year when pay- 
ment is due, together with the relative tax certificate for signature. 
5 Covenanted subscriptions should be entered on the member’s usual 
Income Tax Return as an Annual Payment. 
If you are liable to tax at the full standard rate on any part of your 
income the Council hope jmu will be prepared to help the Society by 
executing the attached Deed of Covenant. To enable the Society to 
take advantage of it for the snbscri])tion due on January 1st next the 
form should be executed and returned to the Hon. Treasurer, 282 Woot- 
ton Road, King’s Lynn, Norfolk, AS SOON AS POSSIBLE. Sub- 
scribers who are Sur-Tax ])ayers should note that payments to Charit- 
able Organisations under Covenants dated after Ajlril 9th, 1946, will 
not be allowed as deductions from total income for Sur-Tax purposes 
but remain effective in every other respect. Any further information 
desired may be obtained on application to the Hon. Treasurer. 
Existing standing orders to your Bank need not be disturbed. 
E. L. SWANN, 
Hon. Treasiirer. 
282 Wootton Road, 
King’s Lynn, 
Norfolk. 
