Financial sustainability

Autumn budget submission

CFG has written to the Chancellor ahead of November's Budget calling for the government to:

1)Create a joint government-charity sector working party to consider how irrecoverable VAT can be eliminated post-Brexit in a way that is fair and fiscally deliverable.
2) Commit to eliminating Insurance Premium Tax for charities either immediately or through stages via a special rate.
3) Increase business rate relief for charities, with the goal of creating 100% relief for charities by the end of the decade.

These proposals, CFG argues, offer the government three actions that they can undertake immediately to help strengthen the sector ahead of Brexit and ensure that they can meet the growing and changing needs of the people and communities they support.

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