BusinessCompany NewsPre-Budget 2003: Brown ignores charity pleas

Pre-Budget 2003: Brown ignores charity pleas

The Charity Finance Directors' Group says Gordon Brown has missed an opportunity to help the voluntary sector by ignoring please to amend VAT regulations.

Link: Pre-Budget 2003 special

The CFDG said that the chancellor had failed to address major problems that hold back the charitable sector – in particular, irrecoverable VAT.

Welcoming good news for sports clubs in the form of fiscal help, CFDG policy and campaigns manager Francis Ingham said: ‘The chancellor’s report contained precious little for the charitable sector. Indeed, the words “charity” and “voluntary” were shockingly absent from not only his speech but also his report.’

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