Wednesday, July 30, 2008

Substantial donor proposals 'not good enough' - Third Sector

Substantial donor proposals 'not good enough' - Third Sector: "Substantial donor proposals 'not good enough'

By David Ainsworth, Third Sector, 30 July 2008

Proposed amendments to tax laws on substantial donors do not go far enough, charity law and finance experts have said.

Earlier this month, HM Revenue & Customs launched a consultation on the laws (Third Sector Online, 15 July). It is proposing to increase the amount of money a donor needs to give to be classed as 'substantial' and to cut the amount of time for which charities need to keep records."

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