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Gift Aid reform and tax relief figure prominently in Budget
23 March 2011
In brief:
" George Osborne, the Chancellor of the Exchequer, has unveiled a raft of measures aimed at helping voluntary sector organisations in what he claimed were the "most radical and most generous reforms to charitable giving for more than 20 years".
Taken from Third Sector, 23 March 2011. Click here to view in full.
FRP Advisory comments:
"The measures announced by the Government will have a beneficial impact around the margins, but they do not address the fundamental issue facing many charities - the curtailment or withdrawal of core Government funding because of the structural deficit. Many charities are facing critical solvency issues because of this."
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