Updated guidance on charity reporting requirements

The Charity Commission (England and Wales) has published guidance explaining the different accounting and reporting requirements for different sizes and types of charity, for financial years ending on or after 31st March 2015. This reflects the changes to charity audit thresholds which came into force on 31st March.

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Pioneering projects awarded for helping Wales lead the way

Community businesses helping make life better for people in Wales and beyond have been recognised for their groundbreaking work at a national awards presentation.

Five projects employing between them almost 100 people, turning over hundreds of thousands of pounds and providing goods and services to thousands of customers and clients picked up trophies at the EPIC (Enterprising People in Communities) Awards at the Vale Resort, Vale of Glamorgan.

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Charity exemption to new Diverted Profits Tax

The Charity Tax Group has welcomed confirmation that the Finance Bill, which implements many of the recent Budget announcements, includes a charity exemption from the new Diverted Profits Tax. Without this, it was possible that charity trading subsidiaries or similar arrangements, where companies make donations to parent charities under gift aid, would lead to tax bills.

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Working with Police and Crime Commissioners

Two new publications on the links between Police and Crime Commissioners and local organisations.

The government has produced ‘Police and crime commissioners and civil society’ to share best practice to develop further collaboration. It provides examples of positive working relationships between PCCs and civil society groups. Available at https://www.gov.uk/government/publications/police-and-crime-commissioners-and-civil-society

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Government response on extra powers for Charity Commission

The government has published its response to the parliamentary committee studying the Draft Protection of Charities Bill – if it becomes law, this would give more powers to the Charity Commission. The government agreed with most of the Committee’s recommendations, but rejected a call for greater safeguards around statutory warnings to charities.

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