Osborne calls for calm over charities tax plan


Chancellor George Osborne has played down plans to limit tax relief for charitable giving.

Osborne said the plan announced in last month's Budget would not be rushed in and that he would work with charities and donors to find a way to protect their income. It is feared the change, if implemented, could result in a drop in donations from wealthy benefactors. "I want to sit down with the charities, get it right and make sure they get protected," he told the BBC. "I think the principle that however rich you are, you pay income tax is protected." Mr Osborne admitted the Budget proposal had caused "a rush of headlines", but said he had always been planning to have a period...

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