Charities

Insight | Charity trustee banned over misuse of £117k for dragon statue

A former charity trustee has been told to repay £117,000 after misusing the funds to finance the construction of a 120-foot dragon statue which was never built

29 Sep 2022

Insight

Charities

Called to account

Insight | TPR calls for more diversity on trustee boards

The Pensions Regulator (TPR) and the pensions industry have joined forces to improve diversity and inclusion across trustee boards

28 Sep 2022

Insight

Charities

Careers

Leadership & management

Insight | Charities: how to deal with crypto donations

Living in a digital world has been a learning curve for many businesses and charities are no exception. Blandy & Blandy’s Jeanne Koua discusses the factors charities need to consider when receiving NFT and cryptocurrency donations

26 Sep 2022

Insight

Charities

Tax | Charities need to complete two-stage test to assess VAT liability

HMRC has clarified the definition of business activities for VAT purposes for charities and the two-stage test

22 Sep 2022

Insight | Collaborative working – does a joint approach work for charities?

Given the challenging economic environment, it is good practice for charities to regularly question the status quo and discuss alternative structures, explains Ross Palmer, senior tax manager, Sayer Vincent

31 Aug 2022

Insight

Charities

Insight | Charity trustees avoided £58k in business rates

An education charity has been removed from the register of charities after the regulator found three brothers abused their position as trustees

22 Aug 2022

Insight | Tax experts to climb Kilimanjaro for charity

A group of tax professionals are set to climb Mount Kilimanjaro next month in aid of charities TaxAid and Tax Help for Older People

15 Aug 2022

Insight

Practice & Industry

Charities

Insight | World’s first Excel NFT goes on sale

In a first for the NFT market, artist Saif Ali has created five five pieces of art using Excel, now on sale

15 Aug 2022

Insight

Business

Charities

Insight | Welsh charities need to release £12m in dormant funds

The Charity Commission and Community Foundation Wales is warning that charities have up to £12m in dormant funds which could be accessed to use for charitable causes

11 Aug 2022

Insight

Charities

Insight | Charities Act 2022 extends charity powers

The Charity Commission has issued guidance on the key changes coming into effect in the Charities Act 2022 affecting financial governance

8 Aug 2022

Insight

Charities

Law and regulation

Insight | KPMG raises over £222k for Marie Curie charity

KPMG staff across the UK took part in ‘Big Walks’ during June and July, raising over £222,000 for charity partner Marie Curie

5 Aug 2022

Insight

Business

Charities

Insight | Charities: building resilient finances

Charity finances are under pressure with income expected to fall by £5bn so it is more important than ever to keep a tight grip on costs, explains Jonathan Orchard, partner at Sayer Vincent

1 Aug 2022

Insight

Charities

Insight | Nearly one in 10 charities fail to file accounts

The latest annual report from the Charity Commission shows that 8% of charities failed to file an annual return by the deadline

15 Jul 2022

Insight

Charities

Insight | Military charity closed over misuse of £1m in funds

The Charity Commission has forced the closure of a military charity which ‘misled the public’ and paid most of the charitable income raised to a third party following mismanagement by trustees

14 Jul 2022

Insight

Charities

Audit | Charity audits: what you need to know

Sarika Sharma ACA sets out the key aspects to consider when undertaking charity audits from threshold limits to planning, the Charity SORP to ISA compliance

13 Jul 2022

Insight | Deloitte extends charity partnerships

Deloitte has added 12 new charities in the UK to its nationwide responsible business programme, 5 Million Futures, as 1,300 staff took part in voluntary work in May

13 Jul 2022

Insight | Charity trustee banned over misuse of £117k for dragon statue

Insight | TPR calls for more diversity on trustee boards

Insight | Charities: how to deal with crypto donations

Tax | Charities need to complete two-stage test to assess VAT liability

Insight | Collaborative working – does a joint approach work for charities?

Insight | Charity trustees avoided £58k in business rates

Insight | Tax experts to climb Kilimanjaro for charity

Insight | World’s first Excel NFT goes on sale

Insight | Welsh charities need to release £12m in dormant funds

Insight | Charities Act 2022 extends charity powers

Insight | KPMG raises over £222k for Marie Curie charity

Insight | Charities: building resilient finances

Insight | Nearly one in 10 charities fail to file accounts

Insight | Military charity closed over misuse of £1m in funds

Audit | Charity audits: what you need to know

Insight | Deloitte extends charity partnerships

Technical Alerts

Accountancy & Audit | Charity Commission publishes survey findings into the impact of Covid-19 on charities

Accountancy & Audit | Charity Commission issues warning after new figures highlight scale of fraud

Direct Tax | Case alert: Valuation of CI listed shares for gift relief

Direct Tax | Charities Bill call for evidence issued

Accountancy & Audit | Charity Commission updates Covid-19 guidance

Accountancy & Audit | Charity Commission launches 2021 charity annual return service

Accountancy & Audit | Covid-19: Guidance updated for charity sector

Accountancy & Audit | Charity Commission updates guidance on appointing interim managers

Accountancy & Audit | Charity Commission launches campaign to help trustees

Accountancy & Audit | Interim Chair of Charity Commission appointed

Accountancy & Audit | Charity Commission promotes ‘5-minute’ guides

Accountancy & Audit | Scottish Government consults on charity law

Accountancy & Audit | Charity Commission updates guidance on appointing interim managers

Accountancy & Audit | Charity Commission to consult on responsible investment guidance

Accountancy & Audit | Covid-19: Charities guidance updated

Accountancy & Audit | Covid-19: Guidance for charity sector updated