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Tax relief campaign renewed
By Paul Jump, Third Sector, 16 July 2008
A consortium of sector organisations has welcomed Government interest in its campaign to introduce tax relief on charitable remainder trusts.
CRTs, often known as 'lifetime legacies', are set up by people who want to give large amounts to charity but need to guarantee an income during their lifetimes. Beneficiary organisations share in the profits of the trusts and inherit the assets when the donor dies. John Low, chief executive of...
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