Charities

Tax / Higher rate tax relief for charity donations hits £520m

Wealthy donors gave the largest share to charity as they gain the most from tax relief with the latest HMRC figures showing that charity tax relief jumped to £3.8bn

Insight / Charity chief executive failed to account for donations

Busoga Association (UK)’s chief executive acted without trustee oversight, with funds unaccounted for and external consultants hired without trustees' knowledge, finds Charity Commission

Accounting / Wilkinson: small charity accounts need to be simplified

Helena Wilkinson, partner and head of charities at Price Bailey, takes a critical look at plans for a radical overhaul of charity accounting from stronger governance and an overhaul of membership of the SORP committee to bespoke accounting rules for smaller charities, following the Morgan governance review

Audit / Regulator slams Oxfam over governance failings

The Charity Commission has published a highly critical report on Oxfam GB, stating that aspects of the charity’s past record on safeguarding amount to mismanagement through governance failures, and saying there was a culture of ‘tolerating poor behaviour’

Insight / Seven-year ban for boss over charity collapse

The boss of a leading alcohol and drug addiction charity has been given a seven-year director disqualification for causing it to collapse by entering into financial contracts that set unachievable targets

Insight / Regulator investigates £800k charity transfer

The Charity Commission has opened a statutory inquiry into Devon Charitable Trust, a Harrow-based charity, over concerns about the transfer of thousands of pounds of funds to a trustee’s bank account and the handling of donations

Accounting / Charity accounting needs radical overhaul, says Morgan review

Charity reporting and accounting needs to be overhauled to provide more transparency and accountability on financials and to simplify the reporting process for the smallest charities, says Charity SORP review panel, chaired by professor Gareth Morgan

Insight / 'No evidence of charitable activity’ at Gaza aid charity

The Charity Commission has published a highly critical report on Viva Palestina, the aid charity founded by former MP George Galloway, saying it may not have conducted any charitable activity or distributed any humanitarian aid, and finding its former trustees were responsible for mismanagement

Insight / Charity and trustees removed for ‘serious abuse’ of funds

The Charity Commission has removed a charity and its trustees from its register, after an investigation uncovered ‘serious abuse’ of its funds, including spending on gym memberships and TV subscriptions, and no evidence of any charitable activity

Insight / Fraudulent miners’ charity trustee ordered to repay over £200K

A former union official who was a trustee of a miners’ charity and used its funds to pay for private building works has been ordered to repay over £200,000 following a Charity Commission investigation, which highlighted concerns over risks that can arise from charities being closely linked to a non-charitable organisation

Insight / Charity faces investigation over missing accounts

The Charity Commission has opened a statutory inquiry into the Hindu Community Society  over serious governance concerns and the  failure to file accounts for six years running

Audit / Deloitte qualifies Swiss miner’s accounts over potential charity ‘misappropriation’

Auditors from Deloitte have issued a qualified opinion on the annual results from Ferrexpo, a Swiss headquartered iron ore company with assets in Ukraine, over concerns about possible ‘misappropriation’ of corporate social responsibility (CSR) funds

Insight / Trustees removed after cash couriering at charity

The Charity Commission has dissolved a poverty aid charity after charitable funds were misused and cash was taken overseas, while trustees were using funds for personal expenses

Insight / Payroll salaries increase by 6% as talent battle wages

Salaries for payroll jobs are increasing by up to 6% a year as pressure on recruitment increases with competition for talent and the growing complexity of legislation making payroll an ever increasing technical and specialist role, according to the latest Portfolio Payroll Payroll Salary Survey 2018/19

Accounting / Charity Commission slates garden bridge project as ‘failure for charity’

The ‘high profile and expensive failure’ of a £50m project to build a garden bridge across the Thames in London, which was set up as a charity to raise funding, has been described as a failure for charities, policymakers and the regulator itself, according to a report by the Charity Commission
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