Not-for-profit News - September 2017

  • 2018 annual return consultation

    A consultation has been launched by the Charity Commission on the controversial questions they plan to ask in the 2018 version of the annual return.
  • Updated Charity Governance Code

    The Charity Governance Code has recently been updated and sets out a number of key recommendations which include increasing diversity on boards and a stronger emphasis on the role of the chair.
  • SORP Update

    Provisional plans to launch a new statement of recommended practice (SORP) by 2019 have been scrapped but it is thought that there are likely to be some significant amendments as the charities SORP committee intends to set up working groups.
  • Guidance on grants to non-charities

    The Charity Commission has published updated guidance on the giving of grants to non-charities. The guidance is aimed at trustees and makes suggestions on what to do before deciding whether to give the grant.
  • Review of best practice when receiving donations

    The National Audit Office (NAO) has published a review on best practice when taking potentially controversial donations. The review explores the ethics and governance required for fundraising and whilst aimed specifically for museums and galleries, the issues raised are relevant for all charities.
  • Social Investment Tax Relief

    Ensors Corporate Tax Manager Andrew Scott explains Social Investment Tax Relief (SITR) in his latest briefing. He explores when it applies from, who is an eligible investor and what an eligible investment is.
  • Preventing fraud guide for small charities

    A new fraud prevention campaign has been launched by the Charity Finance Group (CFG) with an aim to encourage smaller charities to rethink their approach to tackling fraud.
  • Charities urged to have better cyber security

    Charities which lack skills and understanding about cyber security 'must do better' says a report published by The Department for Digital, Culture, Media and Sport.
  • Legal Entity Identifier (LEIs)

    Charities which employ investment managers that trade in investments will need to acquire an LEI code before the end of 2017.
  • ICSA publishes free guidance

    ICSA has published new guidance on recruiting trustees and a building board assurance framework.
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