Charities News

FSI provides income warning to charities

Posted in Charities | Posted on 30 Jun, 2017

The Foundation for Social Improvement (FSI) has warned that charity income may be flat-lining as a “ceiling of giving” is reached. A new report by the FSI, entitled ‘Taking the Pulse of the…

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Charity Commission provides ‘essential’ guidance for trustees

Posted in Charities | Posted on 30 Jun, 2017

The Charity Commission has updated its financial guidance, which aims to ensure that trustees understand their financial responsibilities when running a charity. The new guidelines – Charity finances:…

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Is a CIO structure the right option for your organisation?

Posted in Charities | Posted on 30 Jun, 2017

Charitable Incorporated Organisations (CIOs) are a relatively new business structure which effectively make provision for charities and not-for-profit organisations to incorporate their business activities…

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Charities improve on their accounts filing obligations

Posted in Charities | Posted on 30 Jun, 2017

Data from the Charity Commission has revealed that the number of charities and not-for-profit organisations that were late filing their annual documents fell by 12 per cent year-on-year in 2016. According…

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New HMRC reporting obligation for charities

Posted in Charities | Posted on 13 Mar, 2017

Charities which provide grants and receive more than half of their income from financial investments in any year, are being advised of the need to inform HM Revenue and Customs (HMRC). The Charity Commission…

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Charity alert: beware of these common scams

Posted in Charities | Posted on 13 Mar, 2017

The Charity Commission has warned charities about two malicious “phishing emails”. The warning follows a report published by Action Fraud, the UK’s national fraud reporting centre. Their report warned…

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Government urged to abandon plans for Charity Commission levy

Posted in Charities | Posted on 13 Mar, 2017

Chancellor Philip Hammond is being urged to fund the Charity Commission from general taxation, rather than the proposed levy system. Debra Allcock Tyler, Chief Executive or the Directory of Social Change,…

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Changes to fundraising rules – are you prepared?

Posted in Charities | Posted on 13 Mar, 2017

The Charity Commission has issued an alert to highlight changes to the new Charities Act fundraising rules. The new rules particularly affect: Agreements that need to be adhered to when third‑party fundraisers…

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Charity funding available as bids for Tampon Tax Grants get underway

Posted in Charities | Posted on 15 Dec, 2016

Applications for a share in £15million worth of grant funding were opened at the start of December. The Tampon Tax Fund, which was confirmed in the 2015 Autumn Statement 2015, distributes the VAT collected…

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A timely reminder … file your annual returns

Posted in Charities | Posted on 15 Dec, 2016

With so many demands on charities, it is easy to forget those all-important annual returns. Charities with an income of more than £25,000 and all Charitable Incorporated Organisations (CIOs) have 10 months…

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