Charities are currently able to access the Recovery Loan Scheme by self-certifying that they have been impacted by Covid-19. Otherwise, they must derive at least 50 per cent of their turnover from trading activity to access the scheme.<\/p>
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All aspects of the Recovery Loan Scheme are under constant review to ensure that the scheme can meet its objectives.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4812", "label" : {"_value" : "Biography information for Dean Russell"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Dean Russell"} , "dateOfAnswer" : {"_value" : "2022-10-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-21T13:33:31.327Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-10-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Recovery Loan Scheme: Charities"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to (a) extend the Government's Recovery Loan Scheme beyond December 2022 for charities, (b) keep the charity small trading exemption at 25% and (c) treat stable grant and donation income as trading income.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4438", "label" : {"_value" : "Biography information for Craig Williams"} } , "tablingMemberConstituency" : {"_value" : "Montgomeryshire"} , "tablingMemberPrinted" : [{"_value" : "Craig Williams"} ], "uin" : "62683"} , {"_about" : "http://data.parliament.uk/resources/1521645", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1521645/answer", "answerText" : {"_value" : "
Under the first two iterations of the Recovery Loan Scheme, all applicants had to self-certify that they had been impacted by Covid-19 to access finance through the scheme. This requirement no longer applies to most applicants. Charities can continue to access finance through the scheme where they can self-certify they have been impacted by Covid-19. This exempts them from the requirement to derive at least 50 per cent of their income from trading activity that they would otherwise need to meet to access the scheme.<\/p>
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This provision will cease at the end of the year. All aspects of the Recovery Loan Scheme are under constant review to ensure that the scheme meets its policy objectives.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4812", "label" : {"_value" : "Biography information for Dean Russell"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Dean Russell"} , "dateOfAnswer" : {"_value" : "2022-10-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-21T13:33:38.17Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-10-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Recovery Loan Scheme"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to ensure that charities applying to the Recovery Loan Scheme are not required to demonstrate a negative impact arising from the covid-19 outbreak in order to secure finance.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4438", "label" : {"_value" : "Biography information for Craig Williams"} } , "tablingMemberConstituency" : {"_value" : "Montgomeryshire"} , "tablingMemberPrinted" : [{"_value" : "Craig Williams"} ], "uin" : "62684"} , {"_about" : "http://data.parliament.uk/resources/1522095", "AnsweringBody" : [{"_value" : "Department for Education"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1522095/answer", "answerText" : {"_value" : "
Providing a financial contribution, other than a Condition Improvement Fund (CIF) loan, such as trust reserves, has a very marginal influence on whether an application is successful. For CIF 2022/23, around 41% of all applications were successful, and for those that provided a contribution almost 42% were successful. There is no difference in the handling of a CIF application\u2019s assessment whether or not it includes a contribution or a loan request.<\/p>
It is the overall score that decides whether a bid is successful. The main consideration for applicants should be on achieving a high overall score against all three assessment criteria by evidencing high condition need, strong cost certainty and detailed project delivery planning.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4814", "label" : {"_value" : "Biography information for Jonathan Gullis"} } , "answeringMemberConstituency" : {"_value" : "Stoke-on-Trent North"} , "answeringMemberPrinted" : {"_value" : "Jonathan Gullis"} , "dateOfAnswer" : {"_value" : "2022-10-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-24T11:58:50.133Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "60"} , "answeringDeptShortName" : {"_value" : "Education"} , "answeringDeptSortName" : {"_value" : "Education"} , "date" : {"_value" : "2022-10-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Condition Improvement Fund"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Education, with reference to guidance on the Condition Improvement Fund, updated on 13 October 2022, and the Condition Improvement Fund 2023-24 Information for applicants, published by his Department in October 2022, whether a commitment to a proposed condition improvement scheme demonstrated in other ways other than by seeking a loan will improve an application's (a) probability of success and (b) speed of processing.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4046", "label" : {"_value" : "Biography information for Bridget Phillipson"} } , "tablingMemberConstituency" : {"_value" : "Houghton and Sunderland South"} , "tablingMemberPrinted" : [{"_value" : "Bridget Phillipson"} ], "uin" : "63093"} , {"_about" : "http://data.parliament.uk/resources/1522096", "AnsweringBody" : [{"_value" : "Ministry of Defence"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1522096/answer", "answerText" : {"_value" : "
Under the Armed Forces Compensation Scheme the individual must show, on the balance of probabilities, that the claimed injury or illness was caused wholly or partly by service on or after 6th April 2005 and if partly, predominantly by service. Decisions are made in accordance with the legislation which governs the scheme namely the Armed Forces and Reserve Forces Compensation Scheme Order 2011 available at:<\/p>
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