Tax reform of the day: restricting tax relief on gifts to charity to the basic rate of income tax

The UK has a complex tax system. Very large parts of it appear to be designed solely to assist the wealthy pay less tax. The result is that, overall, those on highest incomes in the UK pay no more tax as a proportion of their income than most do in our society, and may well […]

source https://thebtrader.com/2019/08/22/tax-reform-of-the-day-restricting-tax-relief-on-gifts-to-charity-to-the-basic-rate-of-income-tax/?utm_source=rss&utm_medium=rss&utm_campaign=tax-reform-of-the-day-restricting-tax-relief-on-gifts-to-charity-to-the-basic-rate-of-income-tax