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help us fight the charity tax relief cap proposal

By Kevin Russell | 20 April 2012

The Government proposes, from April 2013, to restrict the tax relief for charitable gifts – whether under gift aid, payroll giving, or gifts of shares, and land and property. Whilst this will not impact on most donors, major and sacrificial giving will be impacted. Anyone who gives a gift aid gift or gifts in a year of over £40,000 may see their tax relief restricted, and may even find that they have to pay HMRC for the privilege.

 

If you do personally make large gifts to charity that could be affected, would you be prepared to help us resist this measure? We need evidence of the potential impact to take to HMRC and the Treasury. If you would be prepared to speak to us about your personal experience, send an e mail to [email protected] with a contact telephone number. Anonymity can be protected where requested.

image courtesy of www.giveitbackgeorge.org

Posted by Kevin Russell

Our Legal Eagle guru and Stewardship's Technical Director, Kevin constantly has his finger on the pulse of all things tax and charity law-related. His briefing papers for charities, churches and individuals are an invaluable resource on everything from VAT to Gift Aid. 

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