TWO leading city charities which support the community and voluntary sector have criticised the government over moves which will affect donations.
They are backing the ‘Give it Back, George’ campaign aimed at Chancellor George Osborne after his Budget proposed to cap tax relief for donors who give more than £50K a year to non-profit organisations. Community Foundation and Community Action;mk claim the proposal will have a negative impact on donations gifted to charities.
MK Community Foundation Julia Upton, chief executive, said: “We develop community philanthropy and have close to 200 donors. The cap on income tax reliefs will seriously restrict our ability to raise money for vital causes supporting our community.
“Community groups are struggling to survive, therefore, this income cap is just another barrier to raising funds. The Government promotes the concept of a Big Society, but this tax change only serves to damage this aspiration.”