Focus On Charities

Charities are missing out on £600 million in Gift Aid each year

27
Apr, 2018

According to figures published by HM Revenue & Customs (HMRC), charities across the country are missing out on valuable Gift Aid each year, because taxpayers are not declaring gift aid when donating to charitable causes. The research shows that a

Charity Commission warns against email fraud

27
Apr, 2018

The Charity Commission has issued a warning to be on the lookout for ‘phishing’ emails that purport to be from charity CEOs. The warning follows an increase in this type of fraud, as reported by Action Fraud UK – the

Four months of reserves is the average held by prominent UK charities

27
Apr, 2018

According to analysis carried out by Third Sector, the UK’s most prominent charities retain, on average, around four months’ worth of expenditure in reserves. Third Sector’s examination of the accounts of the 157 charities that make up its Charity Brand

Sector should take mergers more seriously, says think tank

27
Apr, 2018

A report published earlier this month, by think tank NPC, says many charities that would benefit from a merger refuse to consider this because they see it as a sign of failure. NPC thinks that The Charity Commission should make

Clarity for charities on reporting requirements under Making Tax Digital

28
Nov, 2017

From April 2019, HMRC will expect VAT registered businesses that exceed the VAT threshold to provide their VAT return data in a digital format as per the requirements of the Making Tax Digital (MTD) regime. MTD is intended to make

VAT relief on targeted social media advertising: fact or fiction?

28
Nov, 2017

Charities have been warned not to expect zero-rated VAT relief on marketing or advertisements that are targeted at individuals or groups – amid concerns that many not-for-profit organisations believe that this activity is eligible for relief. The report advised that,

Majority of UK charities are yet to publish gender pay gap information

28
Nov, 2017

Just 85 of the 9,000 not-for-profit, private, and public-sector organisations which are required to publish their pay data have done so, according to new Government figures. Furthermore, Charity Finance, the industry magazine, revealed that less than 50 per cent of

Back-pay bill causing concern for charities

28
Nov, 2017

Concerns have been raised about the impact that a £400 million bill for back-pay could have on a large number of charities and care providers. HM Revenue & Customs (HMRC) is currently pursuing firms for some six-years’ worth of wages.

Charities will not have to pay “sleep-in” wage penalties, Government confirms

1
Sep, 2017

The Government has now confirmed that it will waive the financial penalties faced by those disability organisations who were found to have underpaid their workers for “sleep-in” shifts – and HM Revenue and Customs’ (HMRC) enforcement action will be suspended

Fall in charity text message donations

1
Sep, 2017

Donations made to charities via text message fell by £7m last year, per new figures published by the Phone-paid Services Authority (PSA). The UK regulator for content, goods, and services said the total raised was worth £115m to the third

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