House of Lords written question – answered at on 15 November 2010.
To ask Her Majesty's Government what assessment they have made of the impact on charities of the increase in the standard rate of VAT to 20 per cent.
The charity sector currently benefits from around £3 billion in tax relief, of which over £150 million relates to relief from VAT.
In the Budget we published the distributional impacts and the economic effects of the Budget. A full impact assessment was also published on Budget Day.
Yes1 person thinks so
No1 person thinks not
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