Starting a new business? Get 40% off our accountancy services for 3 months! 😀


A new scheme to be proposed will give companies the opportunity to boost donations to charities by around £1bn a year, while qualifying for tax relief. The Centre for Social Justice is to produce a report which outlines the ‘C-Volunteering Initiative’.

The Centre for Social Justice is a think tank which was initiated by Iain Duncan Smith, the secretary of state for Work and Pensions. According to the organisation, charitable donations could be boosted by £1bn a year. Employees will give up a specified amount of time at work to volunteer with their chosen charity. Their employer will agree an hourly rate for the voluntary work, paying that amount to the charity using a specially created C-Account which will be available online.

A company will be able to offset their charitable payments against corporation tax, gaining tax relief on their donations. The executive director of the Centre for Social Justice, Gavin Poole spoke of a necessity to create new schemes which will encourage the participation of UK businesses in tackling problems within the community, like dependence on the welfare system and educational failure. According to Poole, the United States charitable donations amount to £136bn a year, which is almost double the UK amount.

The proposals for the Centre for Social Justice have been created in collaboration with ‘C’, a new group for social enterprise led by three business professionals. It is hoped that no limit will be set for companies who are claiming tax relief, to provide a valuable boost to a variety of charities.

Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.