• Charities to update details with HMRC online

    To assist charities in keeping their details up to date, HMRC has recently launched an online form service along with a guide for completing the process.
  • Commission issues new guidance on trustee trading and tax

    The new guidance clarifies and adds to existing guidance while providing further practical advice for charities using trading subsidiaries.
  • Increasing fraud risk

    Charities have been warned by the Charity Commission to be extra vigilant about the risk of mandate fraud. For more information plus some 'top tips' for trustees please click on the link below.
  • Updated reserves guidance

    In January 2016, the Charity Commission released updated guidance on reserves which provides targeted guidance to trustees. It also defines and identifies restricted and unrestricted funds.
  • Charities Sorp (FRS 102) amendments

    All charities with a reporting period beginning on or after 1 January 2016 will be required to adopt the Sorp based on the FRS 102 accounting standard. Please click on the link below for details of recent amendments to the Sorp, which reduce the disclosure requirements for small charities.
  • Increase of statutory inquiries

    The Charity Commission has revealed a 60% increase in the amount of statutory inquiries compared to the previous year. Dominant individuals and financial abuse warnings have been highlighted in the Commission's recent publication.
  • New Gift Aid declaration

    From April this year all charities must ensure that they are using the new model Gift Aid declaration published by HMRC. Donations can still be made via written channels, verbal or online but you must ensure the correct information is captured.
  • Consultation closes on 'taking responsibility' by trustees

    A recent consultation has closed which says that charity trustees must take overall responsibility for their fundraising activities. Draft guidance highlights six key areas that trustees must adhere to.
  • Updated Whistleblowing guidance

    Does your charity have a whistleblowing policy where staff concerns are picked up? The Charity Commission has recently published updated guidance on Whistleblowing.
  • Clearer opt-out messages required for all fundraising

    Two changes have been announced to the Code of Fundraising Practice by the Institute of Fundraising which includes clearer messages on how to opt out of future fundraising communications.
  • 'Extraordinary catalogue of failures' at Kids Company

    Trustees, ministers and the Charity Commission are to blame say MPs in a report recently published. To view the report in its entirety please click on the link below.
  • Trustees must engage with finance guidance

    Charity trustees must engage with and use finance guidance from the regulator if they are to run their charities effectively, the Charity Commission tells charity trustees today.
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