Monday, December 08, 2014

Osborne announces VAT refunds for hospice charities | New rule on vulnerable donors | Power to ban trustees 'too broad' | Third Sector

Osborne announces VAT refunds for hospice charities | New rule on vulnerable donors | Power to ban trustees 'too broad' | Third Sector: "VAT refunds for hospices, search and rescue and air ambulance charities, and changes to the investment limits for social investment tax relief were among the announcements made in the Chancellor's Autumn Statement this week. George Osborne also announced that the government will increase the amount an organisation can take under the social investment tax relief scheme to £5m a year, up to a lifetime maximum of £15m.

Fundraisers should not accept donations from people who appear unable to make a proper decision, according to a new rule in the Institute of Fundraising's Code of Fundraising Practice. The Fundraising Standards Board asked the IoF to consider including advice on vulnerable donors in the code after adjudication in April following a complaint against the veterinary charity PDSA, which had accepted several large donations from a woman with schizophrenia."



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