Charitable Donations: Companies
The question
To ask the Secretary of State for Culture, Media and Sport, whether her Department plans to take steps to help encourage companies to give more to charity.
Answered by Stephanie Peacock
Corporations donate around £4 billion per year to charity. This Government has three priorities for philanthropy, to: connect philanthropic investment with the places that need it most; unlock extra philanthropic investment; and partner with civil society, communities, donors and businesses to celebrate a culture of giving. This includes championing existing reliefs and ways to donate, with Government granting around £1 billion a year in tax relief for companies' donations.
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