The Spring Budget announcement that charitable tax reliefs would be restricted to UK charities and Community Amateur Sports Clubs (CASCs) will mean that those who intended to make such donations should revisit their plans, tax and advisory firm RSM has warned.
For more than a decade, individuals making donations to European Union (EU) and European Economic Area (EEA) charities and Community Amateur Sports Clubs (CASCs) have generally been able to claim UK income tax, capital gains t...