Charity Update 14 August 2014
15 July 2014
These regulations came into force on 31 July 2014 and add the Principality of Liechtenstein to the list of relevant territories in which organisations meeting certain criteria may qualify for charity status in the UK
22 July 2014
The value of loans approved by Charity Bank for charities and other social sector organisations almost doubled in the first half of 2014 compared to the same period last year.
28 July 2014
The NVCO has called for evidence as part of a review into the voluntary sector's finances in the recession.
Charity Finance Group
31 July 2014
HMRC has amended its guidance for charities that operate a simplified process for claiming Gift Aid on donations from the sale of donated goods. The amendment explains how repayment claims will be affected when HMRC identifies donations given by non-taxpayers.
31 July 2014
HMRC has updated its guidance for Payroll Giving Agencies. The guidance explains the time limits for paying donations to charities and the report that must be sent to HMRC when any donations cannot be paid to a charity.
1 August 2014
The summer edition has now been published including articles on reporting serious incidents, keeping details up to date, safeguarding young people, trustees' duties' podcasts and on public benefit statements in accounts
6 August 2014
The Charity Commission is reminding charities with net current liabilities to explain how they are addressing the associated risks in their Trustees' Annual Reports
7 August 2014
The regulatory body for street and doorstep direct debit fundraising, has replied to a report on chugging by Charity Aid for its "many unfounded and unsubstantiated claims". Public Fund Raising Regulatory Association