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Industry issues

Exam boards ordered to tighten up four GCSEs

The Guardian - 24th February 2012 Exam boards have been ordered to tighten up GCSEs in four subjects amid concerns it is becoming easier for pupils to pass.

Charities Act 2011

CHARITIES ACT 2011

Risks to charities linked to business rates relief

Read the article published by The Charity Commission about what charity trustees ne

Charity Commission publishes research into public benefit reporting

In July 2011 the Charity Commission published a research report on the public benefit reporting (PBR) requirement.

Revised Model Governing Documents

The Charity Commission has launched updated versions of its model Articles of Association, Constitution and Trust Deed.

Budget Report 2011 - Key changes affecting the sector

On 23 March 2011, the Chancellor of the Exchequer delivered his first full Budget which included a number of positive measures to encourage charitable giving and simplify gift aid.

Charitable Incorporated Organisation (CIO) launched in England and Wales

Later this year, it is anticipated that the Charitable Incorporated Organisation (CIO) will be launched in England and Wales.  It is a new legal form designed solely for charities, enabling th

Charitable Incorporated Organisation - Guidance

The Charity Commission, the independent regulator of charities in England and Wales, is today publishing the first part of its guidance for anyone interested in setting up a

Uncovering the charity tax burden

The common misconception that charities are 'exempt' from taxation has, for too long, obscured the tax costs charities do incur. 

Academy Schools - Guidance on their regulation as charities

1. What are academy schools? 2. Who is responsible for approving applications to set up academies? 3. Do academies have to register as charities with the Charity Commission?

FRS 30 - Heritage Assets

The Accounting Standards Board has issued 'FRS 30 Heritage assets' which introduces some significant new disclosure requirements for reporting the content and value of collections.  Heritage a

Public benefit

What needs to be included in the Statutory Annual Accounts? The Trustees' Annual Report, which is contained within a charity's financial statements, for years ended 31st March 2009 onwards

Charities still slow off the mark gearing up to 2012 pension reform

According to the latest surveys nearly half of charities have not considered their strategy for the 2012 pension reform.

Trustees Toolkit - Protecting the charity from harm

The Charity Commission have published a useful guide which aims to give trustees some practical tools they can use to help manage risks and protect their charity and its property from harm

IXBRL – charity accounts filed after 1st April 2011

From 1 April 2011, HMRC required all organisations that had to submit a corporation tax return form CT600, including computations and annual accounts, to be in the format of a computer language fil

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