Focus On Charities

‘Get-out clause’ proposed for charities caught in pensions trap

31
May, 2017

Charities will be given more time to pay to leave a multi-employer scheme under new plans announced by the Government towards the end of April. The news follows a consultation opened by The Department for Work and Pensions (DWP) into

Charities increasingly at risk of cyber-attacks

31
May, 2017

In an increasingly digital world, the threat of cyber-attacks on businesses, organisations and individuals is on the rise. Service provider, Eduserv, has warned that charities are increasingly being targeted by cyber criminals, simply because of the volume of valuable data

New guidance on ‘consent’ published

31
May, 2017

With the General Data Protection Regulation (GDPR) due to come into effect in May 2018, many organisations are already considering what can be done to prepare for this significant change. Earlier this year, The Fundraising Regulator published new guidance on

Revenue growth strong in not-for-profit sector

31
May, 2017

Revenue across the not-for-profit sector grew to £45.5 billion in 2015, according to the National Council for Voluntary Organisations (NCVO). The figure, calculated using the latest data available, represents a slight year-on-year increase from 2014’s £44.3 billion revenue. It says

Increase in number of charities filing accounts on time

31
May, 2017

New data from the Charity Commission reveals 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. The Commission also recorded a 20.5 per cent decrease in

Bill to reform GASDS receives royal assent

27
Feb, 2017

The Bill to reform the Gift Aid Small Donations Scheme (GASDS) has earned royal assent. Parliament concluded that the Bill, which will increase accessibility to the scheme, will come into force at the start of the 2017/18 tax year. Introduced

Charity Commission consults on reforming annual returns

27
Feb, 2017

The Charity Commission has begun consulting on reforms to the annual returns it collects from charities. Currently, registered charities with an income of more than £10,000 a year are required to submit an annual return within ten months of the

CTG calls upon Government to improve charity tax relief in upcoming Budget

27
Feb, 2017

The Charity Tax Group (CTG) has urged the Government to introduce new VAT reliefs in this year’s Spring Budget. CTG, which represents taxation in the not-for-profit sector, said that identifying new VAT reliefs for charities and an exemption from the

Charities to be exempt from Making Tax Digital and quarterly reporting, HMRC confirms

27
Feb, 2017

Following a long-running consultation, opened in August 2016, HM Revenue & Customs (HMRC) has confirmed that charities will be exempt from Making Tax Digital (MTD), the Government’s new digitised tax system. In a highly anticipated response the Revenue has confirmed

Fundraising Regulator releases levy and registration fee plans

9
Aug, 2016

The new Fundraising Regulator has released plans for its levy and registration fees. The regulator’s proposals will see charities pay up to £10,000 on a sliding scale. The top amount would be paid by charities with an annual fundraising spend

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