UK Government Weighing Tax cuts for Philanthropists

UK Government Weighing Tax cuts for Philanthropists

Read More: http://newsdoors.blogspot.com/2012/11/uk-government-weighing-tax-cuts-for.html

UK Government Weighing Tax cuts for Philanthropists

Philanthropists in the UK could be rewarded for their generosity in the foreseeable future. A report commissioned by the country's ministers has suggested income tax cuts for the country’s most charitable donors.

­The study, which highlights ways to boost philanthropy for the arts and heritage, recommended that the most generous patrons have their income tax reduced if they make a “minimum period financial commitment to a charity,” the Telegraph reported.

Read More: http://newsdoors.blogspot.com/2012/11/uk-government-weighing-tax-cuts-for.html