Clause 96 - Gifts of real property to charity

Part of Finance Bill – in a Public Bill Committee at 4:15 pm on 13th June 2002.

Alert me about debates like this

Photo of John Healey John Healey The Economic Secretary to the Treasury 4:15 pm, 13th June 2002

The body needs to be a charity at the point of donation. I hope that answers directly the hon. Gentleman's question. The review that he mentioned underlines the importance that the Government attach to charitable giving. It would be wrong of me to pre-empt any judgments or recommendations that the report might make.

The clause is a further manifestation of how important charities are to the Government. It is a further step in our efforts to boost the incomes of charities and the level of giving to aid their purposes. It adds substantially to already substantial incentives for giving to charity that we have put in place. I commend the clause to the Committee.

Question put and agreed to.

Clause 96, as amended, ordered to stand part of the Bill.