UK Parliament / Open data

Small Charitable Donations and Childcare Payments Bill

I think you will agree, Mr Speaker, that this has been an entertaining and enlightening debate. Speaking as the Minister with responsibility for civil society, it is always encouraging to hear right hon. and hon. Members share examples of the excellent work they see being done by charities throughout the country.

I would like to thank those who spoke in the debate: my hon. Friends the Members for Bolton West (Chris Green), for North East Hampshire (Mr Jayawardena), for Somerton and Frome (David Warburton) and for Mid Dorset and North Poole (Michael Tomlinson); the hon. Member for Clwyd South (Susan Elan Jones); my hon. Friends the Members for Rochford and Southend East (James Duddridge) and for Congleton (Fiona Bruce); the hon. Member for Foyle (Mark Durkan); my right hon. Friend the Member for Meriden (Dame Caroline Spelman) and my hon. Friend the Member for Taunton Deane (Rebecca Pow). I am also grateful for the Front-Bench contributions. We can be extraordinarily proud of our strong and diverse charity sector. That is why building an environment in which a modern and resilient charity sector can thrive remains a priority for this Government.

The Government already provide significant support to our charity sector. They do so through generous tax reliefs and grants to support good causes, but also through contracts and payments for services. Indeed, the National Council for Voluntary Organisations reports that in 2013-14 the charity sector received £15 billion from Government bodies, with 81% coming from contracts and fees.

The Government have developed the world’s leading social investment market to support charities and social enterprises. We have established Big Society Capital, and are in the process of providing it with £600 million of start-up capital in partnership with the UK’s banks. We have set up the Access Foundation with more than £50 million to allow access to the social investment market, and we have introduced social investment tax relief, which is set to unlock nearly half a billion pounds’ worth of investment over the next five years.

As my hon. Friend the Financial Secretary said in her opening speech, the Government support charities and donors through a substantial package of tax reliefs, worth more than £5 billion last year. Almost £1.8 billion of that comes in the form of business rate relief on charities’ premises. A further £300 million is provided in VAT relief, and £280 million is received from relief on stamp duty land tax. In addition, donors are encouraged to give more to good causes through tax relief on gifts and bequests, and that is worth nearly £1.5 billion every year.

About this proceeding contribution

Reference

615 c247 

Session

2016-17

Chamber / Committee

House of Commons chamber
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