A warmer winter for UK Charities

November 29, 2011 at 4:41 pm Leave a comment

By Mohammad Shakir

Anyone that followed the Chancellor’s Autumn Statement this afternoon will have noticed that he announced an exemption on paying VAT for charities which share services and resources such as staff and IT equipment.

This is a major positive step as the current economic climate has led to charities downsizing such as Association of Chief Executives of Voluntary Organisations (ACEVO) moving in with the National Council of Voluntary Organisations (NCVO) in summer next year in order to save costs.

At Zakat House, we have a growing number of small charities and organisations that share resources such as IT services and marketing and communications staff.

The exemption is mandatory and was introduced under European law in 1977, but has never been applied in the UK. This will help our partner organisations such as the Muslim Charities Forum and the Small Charities Coalition as well as charities that are based at Zakat House.

Our dream is to ensure that new and growing charities get a chance to achieve their goals through offering them affordable office space and the chance to plug their resource gaps by sharing resources with their fellow charities.

We also encourage all charities to share their experiences so that all can learn from the best practice of another.

So we welcome the Chancellor’s exemption on VAT – but we are also aware that there is so much more work to be done to ensure that the charity sector can weather this financial storm.

To find out more about what Zakat House can offer – click here.

Entry filed under: Charities, Our Community, Support, Unity, Zakat House. Tags: , , , , , .

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