Charities can now apply for grant funding under the final round of the tampon tax fund, it has been announced.
The Government said the cash will be used to support projects that help disadvantaged and vulnerable women and girls in the UK.
The tampon tax fund was established in 2015 to donate money to charity equivalent to the amount of VAT revenue collected, as the UK was unable to abolish the tax altogether under EU laws.
The final round will make £11.25 million of grant funding available to charitable organisations that support women. Unlike previous iterations, however, the grant threshold has been reduced from £1 million to £350,000, meaning even more organisations are eligible to apply.
Here’s what you need to know:
- Grants must support projects that improve the lives of disadvantaged women and girls
- The value of the grant requested must not represent more than 50 per cent of the applicant’s or consortia’s collective annual income
- Grants may be for 12 or 18-month projects
- All activities must be concluded and funds spent by 31 March 2023
- The deadline for applications is Sunday 4 July 2021
- More information about the grant and eligibility criteria can be found here.
Opening the fund for applications, Minister for Civil Society and Youth, Baroness Barran, said: “The support provided through this final round will ensure specialist charities who receive grants can support women and girls in need, and help to become more sustainable and plan for the future.
“We remain as committed as ever to ending violence against women and girls which is why this category is a priority for this round of funding, and we will continue to tackle the issue as a priority.”
According to the latest statistics, more than £90 million has now been awarded to charities under the tampon tax fund.
For help and advice with related matters, please get in touch with our charity finance team today.