Charities get taxation boost

first_img Share whatsapp KCS-content CHANGES to inheritance tax rules in yesterday’s Budget means that those leaving 10 per cent or more of their estate to charity will now also get a 10 per cent tax relief on their donations. Charities welcomed the move, but accountancy firm KPMG called the 10 per cent target for donations “ambitious”, and said the net rate reduction would only work out to four per cent, falling from 40 per cent to 30 per cent. The chancellor also made adjustments to gift aid rules, raising the benefit limit from £250 to £5000 to allow “thank you gifts” for significant donors. whatsapp Show Comments ▼ More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Wednesday 23 March 2011 9:07 pm Charities get taxation boost Tags: NULLlast_img

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