Budget Pressure
Posted by Adrian on 22 Mar 2007 | Tagged as: Government, Charities, CAF, HMRC, Gift Aid
Gordon Brown’s final budget yesterday, as Chancellor of the Exchequer, caused great concern among the third sector. His decision to cut the basic rate of income tax by 2% has had an unintended victim. CAF have calculated that the funds lost through the reduced Gift Aid rebate will, all things being equal, amount to around […]