Live Blog: Autumn Budget 2017

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November 22, 2017 at 09:37

On Wednesday 22nd November at 12:30pm the Chancellor, Philip Hammond, will deliver the first Budget since the General Election in June. If you can’t tune into the Chancellor’s speech, then do follow this blog for key announcements and early analysis of how they will impact on the charity sector. 

What should charities expect from the Autumn Budget 2017?

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November 17, 2017 at 09:43

It’s that time of the year again when the newspapers are full of gossip about potential giveaways or shocking tax changes which are going to cost eye-watering sums of money. Over recent years, charities have got used to Budgets being “missed opportunities” and passing by without much of an impact. But we cannot be complacent as charities. Tax reliefs for charities are worth billions every year and over 1/3 of our income comes from government. Simply put, what the Chancellor says matters. So what we can expect from the Autumn Budget?

Probate fees for charities accessing legacies doesn’t make sense

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July 12, 2017 at 15:59

CFG has signed a letter to the Times with other charities about the proposals for probate fees to access estates, which could cost charities £18m a year according to the Institute of Legacy Management. We also wrote to the new Minister for Courts on their appointment about this issue. We thought that they were dead, but it looks like we may have only got a temporary reprieve.

NCVO Almanac points to fundamental shifts in the charity operating environment

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May 9, 2017 at 12:10

NCVO has just published summary data from its Almanac 2017 and as always, it is a fascinating read. The launch is tonight, so I’m looking forward to what the NCVO team have to say about the key findings. However initial reading does point to fundamental shifts in the operating and funding environment for charities. Some of these we have known for some time but the data appears to be confirming them. All of them have consequences for how charities plan ahead and the risks that we face.

Common Gift Aid Questions Answered by HMRC

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April 27, 2017 at 13:41

On the 31st March 2017, CFG hosted its regularly Gift Aid Conference  which was attended by charities, tax specialists and HMRC. HMRC’s Charity Outreach Team, led by Andrew Kayley, spoke about the Gift Aid Small Donations Scheme and Gift Aid and generously promised to respond to some questions raised in writing. Here are some of the queries and answers that were given by Andrew: Small Charitable Donations scheme (GASDS) & Refreshments  A payment for refreshments after a church service, at a fundraising event or a payment made to have a car washed are not eligible small donations. However, when a charge is […]

Better partnerships needed between finance and fundraising teams

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April 13, 2017 at 14:26

Fundraising isn’t just about fundraisers. It is about the whole organisation. One of the lessons that the sector has had to learn is that good fundraising requires the whole organisation to understand why it is raising funds and how it is going to raise them.

What does CFG want to see from the spring budget?

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March 2, 2017 at 14:17

The Budget – the biggest fiscal event of the year – is under a week away. This blog – in what is now CFG tradition – outlines the tax reforms that CFG has presented to the Chancellor in the run up to Budget in collaboration with other leading charity infrastructure bodies. 

IFS 2017 Green Budget – the good, the bad, and the worrying?

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February 10, 2017 at 14:41

On Tuesday I attended the Institute for Fiscal Studies (IFS) Green Budget for 2017. This is an annual event where the IFS looks at economic issues facing the Chancellor before his first Spring Budget in on 8 March 2017 (CFG will be Live Blogging on the day).

EU Referendum: What could this mean for charities?

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June 6, 2016 at 17:10

As the 23rd June appears closer and closer this Europe’s Final Countdown song has never felt more relevant as the UK public decides whether they will be voting to remain or leave European Union (EU).

A ‘straightjacket’ Budget: Pay, Tax Avoidance, Welfare and Assets

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March 11, 2016 at 09:01

Next week the Chancellor has to stand up and deliver his 8th Budget and it promises to be an interesting affair. If the last Spending Review saw the Chancellor play Father Christmas, this time the Chancellor may need to tap into his Dickensian side and summon up his inner Scrooge. My colleague, Anjelica Finnegan, has laid out in detail the issues concerning charities. But what hints do the economics data give us for what the Chancellor may do next Wednesday?