SIGH OF RELIEF

News that the government has dropped plans to cap tax relief on donations to charity at £50,000 from next April has been welcomed in the sector.

Nearly 50% of the sector’s income comes from donations from the super-rich, who then enjoy unlimited tax relief on their philanthropy. It was feared that those giving their support to the sector might withdraw it if the tax breaks were not available and the only benefits were personal PR and a nice warm feeling.

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