Oxbridge appeals to Osborne: allow donors to keep giving generously

The universities of Oxford and Cambridge have joined the campaign against a cap on tax relief for philanthropic donations amid fears that it could cost the sector millions of pounds.

April 13, 2012

The heads of both institutions have written to Chancellor George Osborne to express concerns that the change could undermine their fundraising efforts, The Times reports.

Andrew Hamilton, vice-chancellor of the University of Oxford, argues that the cap “risks undermining the culture” of philanthropy in the sector.

Leszek Borysiewicz, vice-chancellor of the University of Cambridge, writes that the implications of the change “will be significant”.

The proposals, announced in the Budget on 21 March, would cap the amount of tax relief donors can receive at £50,000 or 25 per cent of their income, whichever is higher.

The changes could reduce large donations because donors would not be able to recoup as much of their gifts in tax.

Vince Cable, the business secretary, has said he is concerned about the impact the plans could have on the academy.

Universities UK and the Russell Group of large research-intensive institutions have also voiced their fears that the rules could hit donations.

In 2010-11, the sector received £560 million from philanthropic sources, accounting for just over 2 per cent of its income.

Oxford and Cambridge received 44 per cent of all new donations pledged, according to the Ross-Case survey of university philanthropy.

The rest of the Russell Group garnered 26 per cent, while the 1994 Group of smaller research-intensive institutions received 9 per cent.


You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Featured Jobs

Assistant Recruitment - Human Resources Office

University Of Nottingham Ningbo China

Outreach Officer

Gsm London

Professorship in Geomatics

Norwegian University Of Science & Technology -ntnu

Professor of European History

Newcastle University

Head of Department

University Of Chichester
See all jobs

Most Commented

men in office with feet on desk. Vintage

Three-quarters of respondents are dissatisfied with the people running their institutions

A face made of numbers looks over a university campus

From personalising tuition to performance management, the use of data is increasingly driving how institutions operate

students use laptops

Researchers say students who use computers score half a grade lower than those who write notes

Canal houses, Amsterdam, Netherlands

All three of England’s for-profit universities owned in Netherlands

As the country succeeds in attracting even more students from overseas, a mixture of demographics, ‘soft power’ concerns and local politics help explain its policy