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In brief 4

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April 26, 2002

The article on the budget ("Extra money, but..." THES , April 19) omits a small change that could further transform charitable support for education. The chancellor extended tax relief on gifts of shares to include gifts of "real property". It is now possible for a wealthy donor to give away real estate and to get personal income and capital gains tax relief on the value of their gift.

Adrian P. Beney
Deputy director, development and alumni relations
University of Durham

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