Charities News

A warm welcome to our newest charity clients

Posted in Charities | Posted on 13 Nov, 2017

We are delighted to welcome a number of new charity clients to Clemence Hoar Cummings. In recent months, we have been instructed to act on behalf of the following third sector organisations: Open Door…

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Burden of spiralling insurance premiums could hit charities hard

Posted in Charities | Posted on 13 Nov, 2017

Charities have been warned to expect higher insurance premiums as a result of the rise in Insurance Premium Tax (IPT) from 10 to 12 per cent. As charities do not benefit from an exemption from IPT, insurers…

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New guide – the essentials that every charity trustee should know

Posted in Charities | Posted on 13 Nov, 2017

Charities and not-for-profit organisations are facing a more challenging environment now than ever before and so it is essential to be well informed and keep up to date on matters relating to regulatory…

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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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