CGAP News
Taxing Times for Philanthropy?
Tax incentives for individual charitable giving are currently under the microscope. Government is reviewing mechanisms for reclaiming tax breaks and the charity sector is running a campaign. CGAP has contributed to the debate by holding a joint seminar.
Joint seminar with the European Association for Philanthropy and Giving (EAPG), held on 8 July 2009 at Cass Business School:
Taxing Times for Philanthropy?
CGAP would like to hear more about your views. We invite responses to the following questions which were prompted by the discussion.
-
Do hard economic times make people think more about how they give and to try to make "less mean more"?
-
Do you believe tax reliefs affect giving? In what ways?
-
How do you think donor behaviour would change if the government disposed of tax relief on charitable giving?
-
Are there other financial instances (e.g. insurance premia) where tax could/should be redirected as acharitable gift to the organisation of choice?
-
In what ways do you believe the UK's "culture of giving" will evolve over the next few years?
-
How could a stronger culture of giving in the UK be supported?
David Blunkett has joined the tax debate.
The seminar papers available are:
Julian Smith on Personal allowances and Gift Aid donations
Institute of Fundraising Campaign 24/09/09
Gift Aid National Press Letter
Treasury/ HMRC new research on donor tax incentives published 15.12.09; click here.
Previous page: CGAP Newsletter
Next page: CGAP News