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#FaithinPartnership

Three new reports on partnership working between faith and local government.

Tax reliefs for charities and donors up by £360m

Tax reliefs for charities and donors are expected to rise by £360m to £4.41bn in 2013/14, according to estimated figures published by HM Revenue & Customs.

The figures show that gift aid is expected to rise by around £50m, to £1.11bn.

This follows two successive years where gift aid fell by £20m per year. HMRC attributes these falls to the end of transitional relief, which was introduced in 2008 to compensate when the basic tax rate fell from 22 per cent to 20 per cent.


Read the rest at Civil Society