Written question asked by Lord Smith of Finsbury (Labour), in the House of Commons. It was due for an answer on Wednesday, 25 November 1987. It was answered by Lord Lamont of Lerwick (Conservative) on Wednesday, 25 November 1987 on behalf of the Treasury.

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Untitled Written question

Question

What was the cost to the Treasury of abolishing the higher rates relief limit for charitable covenants in 1986-87 & the first 6 months of 1987-88; & how much of the cost was attributable to such donations to professional arts organisations with charitable status in the same periods.

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Secondary information

Type

Written question

Reference

123 c225W

Session

1987-88

Subjects

Charities Charitable donations Arts Deeds of covenant Tax allowances Tax yields

Contains statistics

Yes