A new guide
setting out the tax incentives for business to give to charitable
causes, has been launched today by Tessa Jowell, Minister for the
Cabinet Office, on behalf of HM Treasury, the Office of the Third
Sector and HM Revenue and Customs.
“A Guide to Giving for Business” sets out in a single guide a
comprehensive document listing the tax incentives for businesses
to give.
The guide recognises that the private sector can contribute to
the aims and objectives of charities in different ways, such as
giving money, donating shares or equipment or working in
partnership with a third sector organisation through employee
volunteering or secondments.
Tessa Jowell, Minister for the Cabinet Office, said:
“The benefits of partnerships between the charitable and private
sectors are enormous. Not simply through raising money for
charities and causes, but through the sharing of knowledge and the
development of staff.
“This Government is committed to supporting corporate giving and
this guide shows all the measures that are in place to promote
giving amongst the business community.”
Mike Kelly, Head of CSR at KPMG, the professional services firm
who were consulted in the creation of the guide said:
“This guide will be as useful to the third sector as to business.
The booklet brings together a comprehensive range of incentives
for businesses to increase their commitment to communities.
“Working with the third sector is a real ‘win-win-win’ situation.
Charities benefit from the skills and resources as well as the
cash, businesses benefit from the staff development that takes
place, and members of staff can find it hugely motivational to be
able to support their communities.
“In 2007-08, over 4,400 KPMG employees in the UK participated in
our community volunteering programme – over a third of the
workforce, contributing more than 38,000 hours in the firm’s time.”
Copies of the report can be downloaded at www.hm-treasury.gov.uk.
Notes to Editors
The Minister for the Cabinet Office, Tessa Jowell, launched this
document at the annual conference of the Association for Chief
Executives of Voluntary Organisations. At the conference, she also
challenged the third sector and business to work together. For
more information contact Samuel Heath at the Cabinet Office press
office on 020 7276 1196.
Cabinet Office Press Office 22 Whitehall LONDON SW1A 2WH
Tel: 020 7276 0317 – Fax: 020 7276 0618
www.cabinetoffice.gov.uk
Out of hours telephone 07699 113300 and ask for pager number 721338
Contacts:
Cabinet Office Press Office
Phone: 020 7276 1273
Fax: 020
7276 0618
NDS.cabinetoffice@coi.gsi.gov.uk