LONDON foakleys, May 31 (Xinhua) -- Britain has dropped its Plans to cap tax relief on charitable donations, as initially proposed by Chancellor of the Exchequer George Osborne in March.
In a statement on Thursday, the chancellor said the Treasury has "listened" to concerns by charities that warned they could lose a significant proportion of their income because of the measures.
"It is clear from our conversations with charities that any kind cap could damage donations,... Read More