Keep the Gift Aid Tax Break, UK Fundraisers Say
Obama's plan to cut relief for US donors would not work in the UK, experts warn HMRC
March 10, 2009, Third Sector — Last month's announcement in the US of proposals to limit tax relief on donations by higher-rate taxpayers has increased concerns about reforming a comparable aspect of Gift Aid in the UK.
Academics in the US are concerned that the proposal could reduce giving by high-income households, and some UK experts fear there could be a similar effect here.
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