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Charity Update 12 January 2012

Penny Wotton
12/01/2012

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United Kingdom

Charity Update 12 January 2012

14 December 2011

Charities Act 2011

The Charities Bill received Royal Assent on 14 December, becoming the Charities Act 2011. It consolidates existing charities legislation into a single Act of Parliament.


Cabinet Office


20 December 2011

UK rated fifth most charitable country in the world

The UK is officially the fifth most charitable nation in the world - up from eighth last year.

Charities Aid Foundation


20 December 2011

EC clears aid for the creation of Big Society Capital

The European Commission has approved under EU state aid rules support measures of up to GBP 400 million for the creation of the social investment company Big Society Capital.  Field Fisher Waterhouse LLP is advising the Cabinet Office on the formation of Big Society Capital.

European Commission


21 December 2011

Updated public benefit guidance

The Charity Commission has provided an update on its guidance on public benefit for charity trustees.

Charity Commission


28 December 2011

£3.1 million from dormant bank accounts invested in Big Society projects

The Big Society Investment Fund, which has been set up ahead of the launch of Big Society Capital, has agreed in principle to invest £3.1 million in four projects.

Cabinet Office


2 December 2011

Over a million more give to charity, yet total donations stay flat

Figures released show that over the last year (2010/11) the UK public gave £11.0 billion to charity.

Charities Aid Foundation


30 December 2011

Scottish SCIO takes full effect

Scotland's charity regulator expects high demand for the Scottish Charitable Incorporated Organisation, a new corporate form of charity which became fully phased in with effect from 1 January 2012.


OSCR


7 January 2012

Government changes law to allow charities to join credit unions

Charities, social enterprises and community groups will be able to join a credit union from next week under changes made to the Credit Unions Act 1979.

Civil Society


7 January 2012

£150 million Big Society 'endowment for the nation' launched

The new Community First endowment, which aims to raise £150 million to be invested to secure the future of local community projects in England has been launched.


Cabinet Office

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