Income tax relief cap: who will be affected?
Thursday, August 16, 2012 | Posted by: Francesca Lagerberg
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The charitable sector has been successful in its campaign to keep unlimited tax relief for charitable giving. So, who will be affected by the proposed income tax relief cap? Following the release of the consultation document, it has become clear that the cap won’t just affect wealthy individuals but may be unfavourable for small-business owners, too.
