Charity Tax Group Profile picture
Representing charities on tax since 1982. CTG is dedicated to improving the tax position of charities and campaigns on the key issues affecting the sector!
9 Jul
👍@MartynDaySNP for asking @DCMS to support #GiftAidRelief. @JWhittingdale confirmed support for #GiftAid but noted the proposals would break the link to tax paid & impact <20% of charities - the charity sector welcomes this dialogue & is happy to address these concerns 1/
The Minister noted that <20% of charities would benefit from #GiftAidrelief. 73,050 charities claimed #GiftAid in 2018/19 approx 40% of UK charities representing a major part of the sector workforce & beneficiaries. The proposal has widespread support 2/ assets.publishing.service.gov.uk/government/upl…
The response also notes that the main benefit would be to large charities - while true in monetary terms, #GiftAid is a significant and larger proportion of the income for smaller charities (as per @CharityTaxComm) so boosting the value of #GiftAid would make a huge difference 3/
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13 Jun
#Charities: The Coronavirus #JobRetentionScheme was updated late on Friday. This thread reviews the various guidance notes that have been updated. Firstly there is a new policy paper on changes to the Scheme 1/ gov.uk/government/pub…
The first time you will be able to make claims for days in July will be 1 July, you cannot claim for periods in July before this point. 31 July is the last day that you can submit claims for periods ending on or before 30 June. The Scheme will close on 31 October 2020. 2/
From 1 July, employers can bring furloughed employees back to work for any amount of time and any shift pattern, while still being able to claim CJRS grant for the hours not worked 3/
Read 25 tweets