Daily Archives: Thursday, March 29, 2012

Er hello? Does anyone actually understand how the tax relief cap works?

Last week, I got in touch with HM Revenue & Customs and asked them how their new tax relief cap would work. This new idea – George Osborne’s only mention of charity in the Budget – means that you can’t claim tax relief on more than a quarter of your income, or £50,000, whichever is… Read more »