Friday, June 08, 2012

HMRC might target charities after tax relief cap U-turn, warns tax specialist

HMRC might target charities after tax relief cap U-turn, warns tax specialist: Bill Lewis of Bates Wells & Braithwaite says Revenue & Customs is likely to take steps to prevent tax avoidance involving charities

Charities might face a backlash from HM Revenue & Customs after Chancellor George Osborne’s U-turn on the tax cap for major donors, a charity law firm will warn its clients.

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