CTG Newsletter – 26 October 2016
Apprenticeship Levy – Final funding policy
Secretary of State for Education Justine Greening has set out the key features of the final funding policy for the Apprenticeship Levy, to come into force from May 2017. Among the announced features are the extension of the deadline for using funds in an organisation’s digital account from 18 months to 24 months, and a commitment to making it possible for employers to transfer digital funds to other employers in their supply chains or sector, both of which CTG has been calling for. For more information on the funding policy, click here. CTG Chairman John Hemming has also commented on proposals.
Gift Aid Small Donations Scheme take-up
The Financial Secretary to the Treasury, Jane Ellison, has responded to a written question by Andrew Gwynne MP calling for an estimate of the difference between the amount raised from the Gift Aid Small Donations Scheme (GASDS) and the amount estimated to have been raised from that scheme by the second half of 2016 at its introduction. Figures show that take-up was £79m lower than predicted. More detail here.
New resource to help charities tackle fraud
The Charity Commission and Charity Sector Counter Fraud Group have launched a new website to help charities prevent fraud. The website is designed to be an initial point of reference for trustees, staff and volunteers. It includes guidance, top tips, case studies and directs people to other organisations. Click here for more information.
CTG Regional Meeting in Cambridge
CTG is holding a regional meeting for charities and advisors at Mills & Reeve in Cambridge this afternoon. Graham Elliott, the group’s technical advisor, will be giving a presentation on a wide range of topics, including VAT and Gift Aid issues. Slides from the event will be available online from 4:00pm this afternoon.
Consultations tracker
CTG will be considering responding to a number of important consultations over the next few months. Our consultation responses rely on input from members and we would encourage you to send us your thoughts, and where relevant submit your own consultation response. The deadlines for forthcoming consultations are outlined below. Please send your feedback via the relevant consultation page on the CTG website or to info@charitytaxgroup.org.uk.
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