Editor's comment
A taxing issue
An early mini-heat wave, hosepipe bans and the threat of
severe drought all seem like fond memories. Having endured a period
of seemingly continuous rain, we are now having what might be
thought of as a traditional English summer: generally warm, but
make sure you pack both sun cream and an umbrella.
The changeable weather seems to be reflected in the
Government's behaviour: having announced various Budget
measures and getting all hot and bothered justifying them, the
Government has now cooled off and is happy to drop them.
While the imposition of VAT on Cornish pasties might have
discomforted bakers, the proposed cap on charitable giving tax
relief could have had a dramatic, adverse affect on the sector. The
news that this proposal is to be binned is therefore welcome. Our
article, A taxing issue for charities, explains the
background to the proposal, the Government's change of heart
and the various tensions involved between
