Charities expect significant tax increases after the election - Third Sector

Charities expect significant tax increases after the election - Third Sector: "Charities expect significant tax increases after the election

By David Ainsworth, Third Sector, 23 March 2010

British Red Cross plans for additional £1m charge

Charities are budgeting for large tax rises after the election, according to finance directors at some of the country's largest charities.

Charles Nall, corporate services director at the Children's Society, told Third Sector he was expecting increases in VAT and national insurance that would increase the charity's annual tax bill by up to £1m."