ARTICLE
30 January 2024

HMRC Awards £5.5m In Grant Funding

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IR Global
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IR Global is a multi-disciplinary professional services network that provides legal, accountancy and financial advice to both companies and individuals around the world. Our membership consists of the highest quality boutique and mid-sized firms who service the mid-market. Firms which are focused on partner led, personal service and have extensive cross border experience.
HMRC's has awarded twelve voluntary and community sector organisations a share of £5.5 million in funding to help customers with their tax affairs.
UK Finance and Banking
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HMRC's has awarded twelve voluntary and community sector organisations a share of £5.5 million in funding to help customers with their tax affairs.

The £5.5 million funding pot applies over a three-year programme from April 2024 to March 2027 (£1.835 million per year), to help fund Voluntary and Community Sector (VCS) organisations. These organisations can then in turn help taxpayers who need extra help understanding and complying with their tax obligations and claiming their entitlements.

Registered charities, voluntary and community organisations, social enterprises, mutual organisations and co-operatives based in the UK were eligible to apply for funding. The application window for the current funding round closed on 21 August 2023.

The successful Voluntary and Community Sector organisations to receive a share of the grant funding are:

  • Advice Direct Scotland
  • Advice NI
  • Citizens Advice Bureau – Isle of Wight, Gosport and Fareham
  • Citizens Advice East Lancashire
  • Citizens Advice South Tyneside
  • Good Things Foundation
  • Money Advice Trust
  • Refugee Migrant Centre
  • Royal National Institute of Blind People
  • Royal Association for Deaf People
  • Tax Aid
  • Tax Volunteers (Tax Help for Older People)

The new grant agreements will be in place before the grant funding programme begins on 1 April 2024. HMRC is aiming to direct the grant funding to help taxpayers who are currently hardest to reach, who cannot or will not interact directly with HMRC, or need extra support in doing so.

The funding is aimed at helping VCS organizations that deal with taxpayers such as those with mental health or learning difficulties, people on low incomes or in debt and facing financial hardship, older people, migrants, carers, and people who are digitally excluded.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
30 January 2024

HMRC Awards £5.5m In Grant Funding

UK Finance and Banking
Contributor
IR Global is a multi-disciplinary professional services network that provides legal, accountancy and financial advice to both companies and individuals around the world. Our membership consists of the highest quality boutique and mid-sized firms who service the mid-market. Firms which are focused on partner led, personal service and have extensive cross border experience.
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