Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Charity retailers can now access up to an additional £9m in grant funding if certain criteria are met. This is due to the government lifting the allowance limits previously capped by an outdated EU ruling. The Charity Retail Association and Charity Tax Group had...
Budget 2021 The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’. Main Budget proposals Tax...
Recent research including nearly 250 charities conducted by Pro Bono Economics (PBE), the Charity Finance Group, and the Chartered Institute of Fundraising found that in the weeks leading up to Christmas charities lost out on more than £200m of fundraising income....
Due to the combination of increasing demand and the decreasing income it is estimated that a funding gap of around £10bn has been created across the charity sector over the past six months. Recent research conducted before the second lockdown was announced showed that...
Recent polls and fundraising data have indicated that donations to NHS charities have risen dramatically since March. Whilst this is perhaps not surprising other charity sectors have seen a decline in donations, this includes homeless and animal shelters as well as...
