Charities encouraged to claim gift aid on cancelled event tickets

Charities are being encouraged to claim gift aid for events cancelled due to coronavirus following new guidance from HM Revenue & Customs (HMRC). To support the charity sector, HMRC has changed the rules so that if a charity event is

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Government pledges £750 million to charities

The Chancellor, Rishi Sunak, has announced a package of funding worth £750 million to help the country’s charities, many of whom have seen a significant shortfall in fundraising and other income as a result of the Coronavirus pandemic. He praised

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New SORP charity guidance

The body responsible for SORP (Statement of Recommended Practice) has issued new guidance to charities to help them manage their financial reporting in light of the latest measures to prevent the spread of COVID-19. The new Charity SORP guidance looks

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Coronavirus – Guidance for the charity sector

Charities across the UK will be facing many of the same challenges as regular businesses, as well as additional complications due to the nature of their operations and the governance regulations that they are required to follow. The Government and

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Small charities asked to consult on SORP reform in bid to simplify financial reporting

Small charities have been asked to lead the reform of the Charities Statement of Recommended Practice (SORP) following a damning review of the accounting regime. According to the Charity Commission, it is the first time small charity leaders and representatives

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ICO urges charity sector to improve data protection procedures

More than 100 charities reported a serious data breach to the UK’s data watchdog in the final three months of 2019, official figures have revealed. The report, published by the Information Commission’s Office (ICO), shows that 2,795 individual reports were

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Covid-19: Charity Commission to take “flexible” approach to reporting requirements

The Charity Commission will waive financial reporting deadlines for those charities suffering from coronavirus-related disruption, it has been revealed. According to the regulator, its approach to regulation during this “unprecedented” period will be as “flexible and supportive as possible”. Earlier

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Seven in 10 Brits give to charity, study reveals

More than seven in 10 Brits say they gave charitably in the last month, a major new study has revealed. The finding forms part of the Charities Aid Foundation’s (CAF) annual survey of charitable giving behaviour across the world. The

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Charities know perpetrator in half of all fraud cases, study reveals

Insider fraud is the single biggest risk to the charity sector, a major new report has suggested. The Charity Commission study, entitled Preventing charity fraud: insights and action, is the largest analysis of fraud committed against charities in the UK.

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Do not sign up to MTD until you are ready, warns regulator

Charities who have had their Making Tax Digital (MTD) start date deferred to 1 October 2019 do not have to register until the first return is due early next year, the Charity Tax Group (CTG) have said. For many charities,

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