CAF RESPONDS TO CHANCELLOR'S COMMENTS ABOUT TAX RELIEF

10 April 2012

Responding to the Chancellor’s comments about tax relief in today's Telegraph, John Low, Chief Executive of the Charities Aid Foundation, said:

“Whoever is advising the Chancellor is quite wrong to equate tax relief on major donations to charity with tax avoidance.

“This is not a ploy to save tax. Philanthropists who make large donations give away far, far more than they could ever claim in tax relief. That money goes to fund projects for the public good, such as medical research and help for the most vulnerable in society.

“If there are specific problems with the current system we would naturally be delighted to work with the Chancellor to ensure tax reliefs are used for the purpose intended.

“But imposing a blanket cap on tax relief will cost charities millions of pounds by making it more difficult for philanthropists to make major donations and undermine the idea of the Big Society which the Government is trying to promote.

“We should recognise and celebrate today’s great philanthropists, not brand them as wealthy tax dodgers.”

Find out more at Give it back, George or follow the debate on Twitter #giveitbackgeorge.

MEDIA CONTACTS

For more information please contact a member of our Media team.