Tax Allowances

(asked on 18th October 2022) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make an assessment of the potential merits of introducing measures to ensure that large charities publish key performance indicators if they are to continue receiving tax relief.


Answered by
Stuart Andrew Portrait
Stuart Andrew
Shadow Secretary of State for Culture, Media and Sport
This question was answered on 26th October 2022

All registered charities must prepare annual accounts and a trustees’ annual report. These provide a comprehensive review of the activities of the charity, and the charity’s financial position. The purpose is to ensure the charity is transparent and accountable for its activities and financial management. The annual accounts and reports of registered charities with an annual income over £25,000 are publicly available via the register of charities on GOV.UK.

Charities can be eligible for certain tax exemptions and reliefs if they are established for charitable purposes only and recognised by HMRC.

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