Block A, Centre House
Thursday 5th April 2012
An educational charity has signed up to the National Council For Voluntary Organisations' (NCVO) campaign Give It Back George.
The Workers' Educational Association is part of a growing list of third sector organisations which argues that charities stand to lose out after the Government's March budget announcement.
Chancellor George Osborne indicated it intends to cap tax relief on charitable giving, including Gift Aid.
Ruth Spellman, chief executive at the WEA, said: "We're adding our voice to the Give it Back campaign, to show the strength of feeling against any proposals that may reduce charitable giving. We agree that the cap will operate as a disincentive to existing and new donors to all charities and want to encourage the Government to reconsider their stance."
Gifts of £200,000 or more will be subject to the new rules which charity leaders fear may act as a disincentive to people wishing to donate large sums of money to charities and trusts.
Under the old rules, tax-relief on charitable gifts meant donors would have the satisfaction of seeing the value of their donation to their chosen charity increased by up to 40%.
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