KEECH Hospice Care has joined the growing number of charities concerned about the controversial decision to cap tax relief on charitable giving.
The Luton-based charity says it is extremely worried about the impact this will have on philanthropy and charitable giving.
The proposals have been designed to ensure top earners only receive tax relief on donations of up to £50,000 or a quarter of their income.
Jacqui Shepherd, director of fundraising, said: “As a small- to medium-sized charity, large donations of the size being discussed are few and far between, however this will still have a huge impact on us. This cap will only impact on a relatively small number of donations, but these donations are the largest and therefore would have the biggest impact on the work we do. Along with other hospices across the country, we help to save the state millions of pounds a year. As a hospice we receive only 25% of our £5million annual finances from the NHS. As a charity we rely on the communities that we serve to raise the other 75% of funds.”