CAF COMMENTS ON THE 2018 BUDGET
30 October 2018
Chancellor of the Exchequer Philip Hammond has released the Government's 2018 Budget. Below is what we at the Charities Aid Foundation think about the Budget, and how it may impact our industry.
Sir John Low, Chief Executive of the Charities Aid Foundation, said: “It is good news that the Chancellor proposes to use the tax system to reduce plastic waste, but he should look to the success of the plastic bag levy to further reduce disposable plastics. We’ve seen first-hand how successful the levy was in reducing the number of bags being used, while raising much-needed money for charities.
“The Budget also includes measures to make Britain a leader in digital development, but it is important that the implementation should be extended to charities to help them harness the opportunities of a digital world as well as manage the potential downsides for society. In a pre-Brexit Budget, it’s vital that charities play a role in ensuring the economy does actually work for everyone.
“The announcement of grants for individual causes is of course great news for the charities involved and the detail of the Budget includes some welcome measures to help small charities benefit from Gift Aid.”