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CHARITIES

Substantial Donors to Charity

The threshold by reference to which a donor to a charity is treated as a substantial donor is to be increased. Certain transactions between a charity and such a donor result in a tax charge on the charity. With effect on and after 23 April 2009, a donor who makes tax-relievable donations to a charity of £25,000 or more in a 12-month period or £150,000 or more in a period of 6 years will be treated as a substantial donor.