CTG Autumn Statement 2016 Submission

In a submission in advance of the 2016 Autumn Statement, the Charity Tax Group (CTG) has outlined a number of policy areas on which the Government could take action to improve the tax position of charities.

CTG Autumn Statement 2016 Submission

CTG Chairman John Hemming commented:

“Given the uncertainty within the sector following the decision to leave the European Union, the Autumn Statement presents an important opportunity for the Government to demonstrate its continued support for charities. This should include a commitment to review the scope of VAT refund schemes to tackle the pressure of irrecoverable VAT; extending Apprenticeship Levy contributions to volunteer training costs; and improved guidance and communication on the Common Reporting Standard and various Gift Aid issues.

“As tax policies are developed we urge officials to continue to consult key stakeholders, to avoid unintended consequences and identify important opportunities for simplification of the tax system for charities.”

 

Notes for editors

The Charity Tax Group (CTG) has over 500 members of all sizes representing all types of charitable activity. It was established in 1982 to make representations to Government on charity taxation and it has since become the leading voice for the sector on this issue. CTG has persuaded successive Governments to introduce a range of tax reliefs and has also campaigned successfully to protect existing concessions, saving charities a considerable amount of money in the process.

For further information you can contact us at 02072221265 or at info@charitytaxgroup.org.uk.