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African Foundation for Development

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AFFORD Diaspora Finance (ADF) brings together a series of programmes, grants and services aimed at promoting, stimulating and harnessing diaspora investment opportunities for jobs and weatlth creation.

Publications: ‘RemitAid™’ welcomes Mayor Ken Livingstone’s support
Title:      ‘RemitAid™’ welcomes Mayor Ken Livingstone’s support
Categories:      Research and Policy
BookID:      PUB-LST-1006
Authors:      AFFORD
ISBN-10(13):      -
Publisher:      AFFORD UK
Publication date:      2006
Number of pages:      1
Language:      English
Rating:      0 
Picture:      no-img_eng.gif
ebook:      Download ebook
Description:     

At the United Kingdom Money Transmitters Association (UKMTA) conference at City Hall on 17 October 2006, the Mayor of London, Ken Livingstone gave enthusiastic support to calls for remittance tax relief. He promises to raise the issue personally with the Chancellor of the Exchequer Gordon Brown and the Economic Secretary Mr Ed Balls. Mr Livingstone stated that even remittances sent to families for subsistence should qualify for tax relief as these funds are used to reduce poverty by feeding and sheltering poor families.

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