The two new Statements of Recommended Practice (accounting standards) for charities to use, for financial years beginning on or after 1st January 2015, have now been published by the joint SORP making body, the Charity Commission and the Office of...
Hilary Seaward was awarded the Adrian Randall Prize in spring 2013 for her project to make management accounts more accessible for trustees without a finance background. She has produced her thoughts and progress so far in creating a better management account layout in ‘More of the wood, less of the trees’.
The Scottish charity regulator OSCR and Senscot Legal have looked at some of the regulatory challenges that can arise for social enterprises applying for charitable status, in Scotland. They have produced a list of issues that anyone setting up a social enterprise should think about before applying for charitable status.
Solicitors Bates Well Braithwaite has had assurances from the Charity Commission that the latter will be providing guidance on resolving security concerns about charities providing details about which countries they operate in, and related expenditure. Since January 2013 these have been mandatory questions in the Annual Return, and would otherwise appear on the revamped online charity register, which could be live soon.
Organisations using technology for social change are invited to enter the Nominet Trust 100, which each year brings together a hundred of the world’s most inspiring examples of social innovation, where digital technologies have been used to tackle a significant social challenge. The list isn’t meant to be definitive, but rather prompt conversation and debate.
HM Revenue and Customs has started work on moving its online Library to GOV.UK. This is mainly material aimed at tax agents, but some will be of wider interest (and no doubt other parts of HMRC will follow later).
At 17th July, copies of VAT Notices, VAT Info Sheets and VAT Notes were ready to be moved over in the next few days.
HM Revenue and Customs has now published its Social Investment Tax Relief (SITR) guidance pages, at http://www.hmrc.gov.uk/sitr/index.htm (We previously mentioned the draft guidance, back in April.)
From 18th July announcement: SITR gives tax relief to individuals who provide finance for social enterprises. It’s available for investments made on or after 6th April 2014. The investment, and the organisation receiving it, must meet certain criteria.
ActionAid UK, Plan UK and Christian Aid have worked with City and Islington College to launch an apprenticeship scheme to help young people gain entry to the international development sector. They will hire a total of seven apprentices, who will attend the 12-month Business Administration Apprenticeship Scheme on day release.
The Electoral Commission has published its guidance on the new rules for “non-party campaigners” under the Lobbying Act, which come into play from 19th September, available from this web page. There will also be webinars, starting 22nd July – details in their Update number 8, direct link (pdf, 87KB).
The latest Pension Maze publication from Charity Finance Group, six years on from the last edition, seeks to guide charity financial leaders through the complex world of pensions.
As well as the guide ‘Navigating the Charity Pension Maze 2014′ (pdf, 852KB), the CFG press release links to a manifesto setting out issues which need to be addressed.
The job swap scheme run by NCVO, ‘Day in the Life’, is aiming to match a thousand charity employees with civil servants to increase their understanding of each other’s day-to-day responsibilities and the wider context in which they work.