Charity leaders have urged Nick Hurd, the Minister for Civil Society, to support their call for tax relief to be exempted from a new cap on tax relief on charitable giving.
The measure, announced in last week’s Budget, will mean that the tax relief an individual can claim in any year will be limited to a quarter of their income or £50,000, whichever is higher, from April 2013.
Sir Stephen Bubb, David Bull and Ciarán Devane, the chief executives respectively of chief executives body Acevo, Unicef UK and Macmillan Cancer Support, and senior representatives of several other charities, told Hurd in a meeting held this morning that the new cap would have a serious impact on philanthropy.
Sir Stephen Bubb, chief executive of Acevo, said in a statement after the meeting: "It’s clear that, if the cap is implemented as proposed, it will severely affect the level of charitable giving in the UK.
"The Chancellor must exempt relief on charitable donations from the cap immediately to avoid undermining the third sector and the beneficiaries who rely on its services."
Members of the group will from today be meeting the secretaries of state of other relevant departments to call for immediate action on the issue.
Hurd said on Twitter after the meeting: "Many thanks to Acevo for organising a very good round-table on Budget and concern about impact of relief cap on giving."