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HMRC assures charities of ‘soft landing’ approach in Common Reporting Standard guidance

26 Aug 2016 | Emily Corfe

HMRC has published new Common Reporting Standard guidance, which assures charities that it will implement a “soft landing” approach, following pressure from sector bodies. 

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HMRC assures charities of ‘soft landing’ approach in Common Reporting Standard guidance

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 National Trust income tops £500m for first time

The National Trust income has risen to £522m this year, according to its recently published annual report and accounts.
 

Access

Access: the Foundation for Social Investment has announced it will put its endowment from the Cabinet Office into investments intended to create social return.

Treasury invites charities to apply for Libor funding

Military and emergency services charities are being invited by the Treasury to apply for funding coming from banking fines.

Charity Commission

The Charity Commission has opened an inquiry into a charity that underestimated its own annual income by almost £500,000, or 78 per cent.

A giant of the charity sector, but an even greater friend. I am truly devastated that Dave is no longer with us.

» Former Citizens Advice chief David Harker dies

Charities ask Treasury for clarity on EU funding for the sector

Charity representative bodies have written to the Treasury seeking assurances about European Union funding.

Funding shortfall at Garden Bridge Trust widens after supporters pull out

The Garden Bridge Trust has come in for more criticism after BBC Newsnight revealed that its funding shortfall is £22m more than previously thought.

OSCR produces guidance for community groups that want to register to benefit from tax break

OSCR, the Scottish Charity Regulator, has published a briefing note to help organisations that need to obtain charitable status in order to continue to claim tax relief on water and sewerage charges.

CFG

The Charity Finance Group said it is “disappointed and concerned” by the government’s plans to press ahead with a new apprenticeship levy in April next year, despite claims the levy could funnel charity money to private businesses.

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