Impact Of VAT On The Voluntary Sector
EDM number 7 in 2006-07, proposed by Bob Russell on 15/11/2006.
That this House values the wide range of work and activities undertaken by charities, including those involved in hospice care, care of the elderly and youth and sports organisations; welcomes the statement in the Treasury Cross Cutting Review into the Role of the Voluntary and Community Sector in Service Delivery that the voluntary and community sector organisations have a crucial role to play in the reform of public services and reinvigoration of civic life; notes, however, that irrecoverable value added tax has a massive impact on the ability of charities to achieve their objectives and help to deliver essential services; further notes that the irrecoverable VAT burden on charities is estimated to be at least £400 million per year; and calls on the Government, as a priority, to introduce measures to reduce or remove crippling financial burdens on charities.
This motion has been signed by a total of 58 MPs.
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