V4CE welcomes Gift Aid reform to benefit smaller charities

Voice 4 Change England has welcomed the announcement by Chancellor George Osborne to boost the take-up of Gift Aid for smaller charities.
 
A budget document, published after Osborne’s speech to parliament last week, says the government will “encourage more donors to use Gift Aid on eligible donations and encourage smaller charities to register the reliefs they are entitled to.”
 
V4CE director Kunle Olulode was one of six signatories on a letter to Nicky Morgan, the governments’ economic secretary, before the budget calling for Gift Aid to be modernised to benefit smaller VCOs. 
 
Olulode said: “We were keen to be part of the lobbying effort to increase the use of Gift Aid for smaller charities, which include most Black and Minority Ethnic (BME) voluntary and community sector organisations.
 
“As the only BME group to take part in the lobbying on this issue it was important to us that the voice of the BME VCS is heard at the highest levels of government.
 
“We are pleased that the government have listened to us and have acted. We will distribute information to our members and networks as soon as it is issued by Whitehall so that they can develop new streams of additional income at this difficult time for the BME VCS.”
 
Olulode said that at a time when many organisations in the sector are concerned about their futures there was an urgent need to diversify income sources, and that “every little helps.”
 
The Treasury have promised “targeted outreach work” and a simpler joint application process between HM Revenue and Customs and the Charity Commission. 
 
Olulode said he was keenly awaiting more detail from the Treasury and called for improvements to Gift Aid to be subject to consultation with stakeholders to ensure that all sections of the VCS benefit equally.
 
The lobbying effort was co-ordinated by the NVCO, and the other signatories to the letter were the Charity Finance Group, Big Society Capital, the Association of Charitable Foundations, and the Institute of Fundraising.