Charity Update - 28 November 2017 | Fieldfisher
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Charity Update - 28 November 2017

28/11/2017

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United Kingdom

Our Charity Update provides the latest tax news and developments

23 November 2017

Legislative changes affecting the Charitable Incorporated Organisation

The Charity Commission announces a phased timetable allowing charitable companies to convert to charitable incorporated organisations following legislative changes in Parliament on 23 November 2017.

The Charity Commission
 

22 November 2017

Autumn Budget 2017

The government announces that it will provide a grant to help accident rescue charities meet the cost of normally irrecoverable VAT.

The government commits a further £36 million of banking fines over the next 3 years to support Armed Forces and Emergency Services charities and other related good causes.

HM Treasury
 

22 November 2017

Responses to Budget 2017

ACEVO says that the Budget does not address civil society's strategic needs.

ACEVO

Sir John Low, Chief Executive of the Charities Aid Foundation, says:

“It’s good news that the Chancellor will explore levies on single-use ‘plastic items’ through the tax system."

Charities Aid Foundation
 

22 November 2017

Reporting on relevant matters of interest to UK charity regulators

The UK charity regulators issue a guide for auditors and independent examiners.

The Charity Commission

OSCR

The Charity Commission for Northern Ireland
 

16 November 2017

Revision of Practice Note 11: The audit of charities in the UK

The Financial Reporting Council issues a revision of Practice Note 11: The audit of charities in the United Kingdom.

Financial Reporting Council

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