Charity Rates Bill

Posted: March 14, 2017
Category: Charity , News

http://files.constantcontact.com/ca3da02a001/bb93e13c-50cd-40e5-aa31-4cf27484ed48.jpgCharities will be paying £432m in business rates in 2019/20, more than double the amount they paid at the beginning of the decade, the Charity Finance Group has estimated

 

According to CFG, the voluntary sector in England will spend £222m more on business rates by 2019/20 than the £210m it spent in 2010/11. 

The latest data comes after the Department for Communities and Local Government released a set of estimates for business rates in the 2016/17 and 2017/18 financial years. These said charities could expect to pay a business rates bill totalling £348m in 2016/17, rising to £391m in 2017/18. 

CFG also conducted polling of the general public with the Institute of Fundraising and found only 17 per cent of respondents believed charities should pay business rates.