The government today announced that it has dropped plans to limit tax relief on charitable giving. In the Budget last March, George Osborne had set out plans that from April 2013 the maximum amount that would be able to be reclaimed in tax relief - including on charitable giving - was £50,000 or 25% of the individual's income, whichever was the greater. But today Mr Osborne announced that the government would not be capping relief for giving money to charity
In a statement today David Bull, Executive Director of UNICEF UK responded saying:
“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 1 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.”
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UNICEF is the world’s leading organisation working for children and their rights in more than 190 countries. As champion of the United Nations Convention on the Rights of the Child, UNICEF works to help every child realise their full potential. Together with our partners, UNICEF delivers health care, nutrition, education and protection to children in urgent need, while working with governments to ensure they deliver on their promise to protect and promote the rights of every child. UNICEF relies entirely on voluntary donations from individuals, governments, institutions and corporations, and is not funded by the UN budget. For more information, please visit www.unicef.org.uk.