IoF responds to the Budget

IoF responds to the Budget

29 October 2018

Responding to the Budget, Daniel Fluskey, Head of Policy and External Affairs at the Institute of Fundraising, said

The Budget overall seemed a ‘business as usual’ approach with not much that will be eye-catching for the charity sector. While we of course recognise the political complexities as the uncertainty over Brexit continues, following an aspirational civil society strategy published by Government this summer we were hoping for a more ambitious programme announced today to invest in fundraising skills to help small charities go the distance and get charity tax working better to reduce costs for charities and encourage giving.

Despite the stated move away from austerity measures, the reality is that communities are still seeing services cut and charities will have to continue to step in to fill the gap and need the right skills and support to do so. However, we’re glad to see the threshold for Gift Aid Small Donations Scheme rise from £20 to £30 as well as relieving some of the administration on Gift Aid Retail Scheme.

 

Notes:
The Budget was announced by the Chancellor on 29th October 2018. Read the announcements in full here.