Millions More for Charities After Government U-turn

money-351078_640

Millions More for Charities After Government U-turn

money-351078_640Government u-turn on business grants could signal millions more for charities. In the Civil Society’s latest article they suggest that some charities will now be able to access grants of up to £9m, after ministers raised the amount available to business affected by the national lockdown. 

Charity leaders criticised the government for its decision and promptly lead the campaign to try to rectify the capping of grants at a lower level using old state aid rules as justification. The Charity Tax Group and Charity Retail Association said the new rules will help organisations “bounce back” when restrictions lift.

This change means that trading charities can now claim up to £1.9m in grants to meet uncovered fixed costs, up from €1m (approximately £860,000).

To read the full Civil Society article click here.

Source: Civil Society News

Other Posts

Contact Us

Email: support@scvo.info
Tel: 0121 525 1127

SCVO
1st Floor, Landchard House
Victoria Street, West Bromwich
B70 8ER