David Bull, the Executive Director of UNICEF UK, has welcomed the Government's u-turn on the charity tax. He said:
Today’s Government announcement on charitable tax relief is great news for vulnerable children. Donations from wealthy people are hugely important to UNICEF UK during humanitarian emergencies and this announcement will mean that we can continue to respond quickly, such as in the current food crisis in West Africa where one million children are at risk of severe malnutrition. The announcement shows the Government has been listening to charities during the consultation and we very much welcome today’s decision.
Controversial plans to cap tax relief on charitable donations have been scrapped by Chancellor George Osborne.
This is another big Budget U-turn, this time on the charities tax.