Treasury written question – answered at on 11 May 2020.
To ask the Chancellor of the Exchequer, what support is available for small charities that are not eligible for emergency funding due to covid-19.
Many charities and social enterprises will benefit from the existing measures announced to support employers and businesses. Under these measures, like other businesses, charities can defer their VAT bills and pay no business rates for their shops next year. Charities are eligible for the Job Retention Scheme, the Coronavirus Business Interruptions Loan Scheme, the Coronavirus Large Business Interruption Loan Scheme, and the Bounce Back Loans Scheme. Registered charities are now exempt from the requirement on these loan schemes that 50 per cent of the applicant's income must be derived from its Trading Activity.
Yes1 person thinks so
No0 people think not
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