Charity Update 17 April 2012
3 April 2012
Cap on unlimited income tax reliefs explained
Budget 2012 announced that from 6 April 2013 there will be limits to the amount of income tax reliefs individuals can claim.
4 April 2012
Launch of Big Society Capital – the world’s first ever social investment market builder
Big Society Capital is launched to make it easier for charities, social enterprise and community groups to access affordable finance. Fieldfisher advised the Cabinet Office on the establishment and governance of this innovative new venture.
11 April 2012
Charity Commission public meeting to focus on good financial controls
The Charity Commission is inviting charities, trustees and advisors to discuss financial controls in charities.
12 April 2012
Government cap on tax relief will hit donations from major donors
Nearly nine out of ten top charity executives believe the Government’s new cap on tax relief will hit donations from major donors, according to a new survey.
Charities Aid Foundation
16 April 2012
Almost half a million volunteers to benefit from the Social Action Fund
An estimated 450,000 volunteers will touch the lives of 4 million people in their communities as a result of funding from the Social Action Fund which is managed by The Social Investment Business on behalf of the Cabinet Office.
The Social Investment Business
16 April 2012
Government may offer concessions on charity tax relief
Chancellor George Osborne is ready to soften his stance on plans to limit tax relief on charitable donations but will not exempt donations from the cap altogether.