Tax relief cap would discourage leading philanthropist from donating in the UK

Tax relief cap would discourage leading philanthropist from donating in the UK: Balwant Singh, chief executive of Kusuma Trust UK, says its founder would be discouraged from donating even though he does not benefit from tax relief

One of the UK’s leading philanthropists and his peers would be discouraged from donating money in the UK because of the government’s planned tax relief cap, according to the chief executive of his UK foundation.