Category: Charity and not-for-profit organisations

02/04/2020

In these difficult times the Charity Commission is providing specific advice to the charity sector. In this update, we summarise the advice announced so far. As more details emerge, we will update this webpage. Please…

01/10/2019

From 1st April 2019 most VAT registered organisations have had to implement MTD however the commencement date for certain VAT registered charities was deferred to 1st October 2019.  If you are VAT registered and are:…

27/06/2019

Over the last few weeks HMRC has informed 3,000 charities that it will require them to complete a tax return this year. The returns requests are being sent to charities making large gift aid claims…

05/02/2019

As public scrutiny increases, charities need to consider if their reserves levels are still appropriate. Many charities could be judged to hoard financial reserves to protect their long-term existence. In doing this, they fail to…

17/12/2018

Reports made to Action Fraud have highlighted fraudulent impersonations of CEOs and senior figures within charities. New reports have discovered charities being contacted by fraudsters impersonating the charity’s CEO, or a similar senior person, requesting…

16/07/2018

The Charity Commission has just published its annual research into public trust and confidence in charities. The research aims to provide crucial insight into public expectations of charities.  It will shape the Commission’s priorities as…

26/06/2018

The Charity Commission’s promised guidance for new trustees has now been issued. The guidance sets out what new trustees should do immediately on taking up an appointment, and what they should aim to achieve over…

25/05/2018

Risk Governance for Charities is a newly published and free guide issued by The Institute of Risk Management (IRM). It aims to demystify risk management and provide practical information to help manage risk within charities. …

27/04/2018

The Charity Commission has just published the findings of a study which found that cultural factors contributed towards 70% of insider frauds.  These factors included placing excessive trust in individuals and lack of challenge and…