Charity umbrella bodies ask Treasury for reduction in 12% Lottery tax

first_img Tagged with: Gaming As an interim measure the voluntary and community sector are calling on the Government to reduce the tax-rate to 9% and use the 3% for good causes over the Olympic period with a review at the end.  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 13 September 2005 | News The national umbrella organisations that represent the voluntary and community sector have called for reform of the 12% tax on the National Lottery.The four Councils believe that the case for revisiting the 12% tax, worth £571m per year, is long overdue and is now overwhelming as Lottery funds are top-sliced to support the 2012 Olympics. This will leave a shortfall in funds for good causes. There has been no formal review of the rate of 12% in the eleven years of the Lottery.The voluntary and community sector has said that it wants to see the London Olympics as a success, presenting a huge range of volunteering opportunities. Current proposals, however, would see approximately £1.5 billion of Lottery income diverted to the Olympics with the sector claiming that it would bear the brunt of the burden. Advertisementcenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Charity umbrella bodies ask Treasury for reduction in 12% Lottery tax About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

New grantmaker for private rented sector

first_imgNew grantmaker for private rented sector  44 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 7 January 2014 | News Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Tenancy Deposit Scheme (TDS) has created a charity which will provide funding for training, education and projects to promote best practice in the private rented sector.The TDS Charitable Foundation has been registered as a Charitable Incorporated Organisation with the Charity Commission. Most of its income will come from from unclaimed deposit monies paid to tenants but never cashed, “even after strenuous efforts to track down the tenants”.The TDS is a government approved provider of tenancy deposit protection and alternative dispute resolution in England and Wales.Steve Harriott, Chief Executive of TDS said:“The TDS Charitable Foundation is the next step in our long term commitment to helping raise standards in the private rented sector. Industry practices are coming under close scrutiny at the moment, but training and accreditation remain entirely voluntary in the lettings industry.“Letting property unprepared leaves everyone open to risk and we hope the TDS Charitable Foundation will help make support more accessible for landlords, letting agents and tenants, and provide valuable resources for providers of training and education.”The TDS Charitable Foundation is a registered charity and will begin accepting applications for funding from April 2014. Tagged with: Funding Photo: Red house key by Oleksiy Mark on Shutterstock.com About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more