Monday, November 29, 2010

FT.com / UK / Politics & policy - Tax benefits urged to spur rich to donate

The incentives for the rich to give to charity must be increased and the planned graduate tax scrapped if efforts to stimulate the “Big Society” are to succeed, leading specialists are warning the government.

Nicholas Ferguson, chairman of the Institute of Philanthropy, and head of SVG Capital, a private equity group, told the Financial Times that greater tax benefits for the rich were required to raise donations towards the US levels praised by ministers.

via ft.com

Posted via email from Brian's posterous

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