Stephanie Peacock

Stephanie Peacock

Labour — Barnsley South

Speaking in the House of Commons on 3 March 2026

Debate

Small Charity Sector

Contribution

That is a very fair point, and one that I have seen in my own constituency of Barnsley. In the interest of time, I will not share the details of my example, but I will take that point away and write to the hon. Lady directly on it. We want to address that specific point through the covenant. Moving on to the second point of my hon. Friend the Member for Southport about tax reliefs for charities, charities and their donors received around £6.7 billion in tax relief in the 2024-25 tax year. The long-running gift aid scheme has raised over £1.7 billion alone during that period. I attended a roundtable hosted by Amazon and co-chaired by Gordon Brown on the new VAT relief for business donations on goods to charities. As the Chancellor announced at the Budget, that new relief will increase the supply of essential items available to charities and make it easier for businesses to support charitable work. The former Prime Minister deserves huge credit for his leadership on that issue throughout his establishment of Multibank. As he outlined in his speech, the right hon. Member for Chingford and Woodford Green and the Centre for Social Justice have a keen interest in growing philanthropy in the UK, especially for small charities. A number of other Members raised that issue too. We recognise that many small charities rely on donations from the public to support their work, and while I am aware that there is more work to do, I acknowledge the £15 billion that was donated last year. We want to better connect, unlock and partner with philanthropists to mobilise private funds for public good, a point put to me by the hon. Member for Eastleigh (Liz Jarvis). I recently chaired a roundtable on that subject, bringing together philanthropists, business leaders and other Government Departments to discuss how we can build philanthropic giving into Government missions. We are committed to a place-based philanthropy strategy. That will set out how the Government can create an environment that encourages philanthropists to support local communities and ensures that the benefits of philanthropy are felt nationwide. Indeed, the hon. Member for East Wiltshire (Danny Kruger) raised the issue of philanthropy being a priority for the City of London. I was pleased to attend and speak at the Giving and Impact summit last year at the London Stock Exchange. The shadow Minister mentioned the Office for the Impact Economy. Launched by the Prime Minister, it is the Government’s new central hub for investors, philanthropists and businesses looking to make social impact. The office will make sure that charities can access funding beyond traditional grants and give direction to individuals and organisations looking to make a difference. I am happy to set up a meeting for Members who are interested in that area with the new office, so please do contact me. We cannot debate charities without mentioning volunteers. Volunteers keep charities running, with around 12 million volunteers giving their time and commitment each year. Yesterday in York, I met the National Association for Voluntary and Community Action, which shared with me the work it does to encourage people to get involved in a variety of ways. It was a particular pleasure to speak to the young volunteers, and I wish the York Centre for Voluntary Services the very best with its volunteering fair tomorrow, which will bring together many charities from across their city.

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