Discover and read the best of Twitter Threads about #GiftAid
Most recents (4)
Looking forward to what should be an interesting update on how the latest political developments will affect #charities & what steps charities can take to make accountability real #BSCharities
First @cecilegillard opens on making Charity Accountability real - noting that it is the Trustees responsibility to ensure there is a culture of transparency with a working culture that has a "default to openness" #BSCharities 
On how charities can help create a culture of openness, Gillard says that having open & honest conversations & providing clear & understandable information will help to create a culture of real accountability #BSCharities
The Charity Tax Group and @CFGtweets have submitted Budget representations to @hmtreasury calling for an improved tax system for #charities in the aftermath of Brexit and COVID #charitytax 1/ charitytaxgroup.org.uk/news-post/2021…
Existing charity tax reliefs should be protected & tax compliance and administration simplified. Protecting existing business rates & VAT reliefs is crucial as is future-proofing tax systems and legislation #charitytax #budget2021 2/
COVID-related support measures, such as the #JobRetentionScheme, #ExpandedRetailDiscount & temporary #5percentVAT rate on hospitality, hotel & holiday accommodation and admissions have helped many charities * should continue where possible while lockdown restrictions continue 3/
👍@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/
My old school (an English public school - day fees currently £22,380 / yr, boarding £33,165 / yr), would like you to donate £595 because some of the pupils fancy playing chess outside. Don't worry, you can #GiftAid it.
#Charity
#Charity
Now, it is probably disloyal or ungrateful or something but if you are paying over 20 or 30 grand per year to send your kid to school, you'd assume they could afford their own overpriced, oversized chess game. If not, why not just use a normal one? @Poundland probably have them.
But the thing that gets me is that, when I was there, they sort of instilled a sense of right and wrong and helping people that didn't have as much as you - charity was an important concept. However, we didn't raise money for bloody outside chess sets.
