HMRC Pledges £5.5 Million To Charities That Give Tax Help | Atek Accounting

HMRC gives £1.8 million a year to charities to help excluded taxpayers

This summer, the voluntary and community sectors can apply for grants from HMRC to support their work with taxpayers who need extra assistance with their tax affairs.

Eligible organisations need to bid for the funding, worth £1.8 million a year from 2024 until 2027, up from the current annual grant of £1.66 million, through HMRC’s voluntary and community sector grant funding programme.

Bids can be submitted between July 24 and August 21, 2023, with successful organisations being announced in October, ready for the new funding to start on April 1, 2024.

This is the 12th round of funding HMRC is awarding as ‘part of its commitment to help everyone get their tax right’.

The programme has been ongoing for over a decade, and previous beneficiaries included Citizens Advice Bureaus, TaxAid, Tax Help for Older People, and Gingerbread.

Eligibility for HMRC Grant Funding:

To be eligible for grant funding from HMRC, an organisation must be a registered charity, voluntary and community sector organisation, social enterprise, mutual, or co-operative.

RNIB’s Sight Loss Advice Service is one of 12 organisations previously awarded under the grant programme.

Director David Newbold said,  ‘RNIB is extremely grateful to HMRC for its generous support, ensuring blind and partially sighted people can access the advice, information, and practical help they need to deal with their tax affairs and HMRC.’

More information on eligibility and how to apply can be found online at GOV.UK.

Or if you need help with Accounts & Tax Preparation, then please feel free to get in touch.

Internet link: HMRC press release