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The Tory government has proposed that existing trusts pay corporate taxes beginning 2011, which means distributions will likely be reduced substantially from generous 10% to 15% yields earned today.
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They will be a far-from-generous £33 better off.
The House has passed a bill that is substantially less generous.
Contributions from generous donors, surely.
Although the 2008 scheme ended in 2015 and a new scheme will cut directors' remuneration – Betts' package is likely to shrink from £1.7m to £1.4m in 2019-20 – the NAO says it will still be substantially more generous than those for comparable public sector organisations that compete with the private sector for executive talent, such as BBC Studios and Network Rail.
Reviews ranged from generous to lukewarm.
This bill would repeal those and replace it with a tax credit that is going to be substantially less generous for low- and moderate-income people.
Africa has gained substantially from debt reduction.
It also benefited substantially from EEC research funding.
But my view appears to differ substantially from Cameron".
Neither side is likely to lose substantially from the move.
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CEO of Professional Science Editing for Scientists @ prosciediting.com