10 Mar 2014
The Big Lottery Fund has announced a new £150m fund to invest in community-led enterprises across England, the largest ever fund of its kind.
The Finance Act 2008 introduced changes to bring in line the various time limits for assessments and claims under VAT, corporation tax, capital gains tax and income tax.
This time last year the idea of reaching the end of 2009 in more or less one piece seemed far-fetched. The world’s financial infrastructure was collapsing around us, previously inconceivably large shocks became commonplace, even daily, experiences and a vortex of debt threatened spiralling doom to our entire system.
The Charity Commission and OSCR are to host an event in London early next month to launch the findings from a series of SORP roundtable events and examine the consultation on the Future of UK GAAP (Generally Accepted Accounting Principles).
The new economics foundation has launched an investment bond that offers no financial return but will be used by the foundation to support its work creating a “new kind of economy in which people and planet matter”
Perhaps the wider message for us all is that - if you ask for help at the 11th hour, you are already a few hours late!
The Impetus Trust has helped the charities it supports to increase their average annual income growth to 40 per cent during 2008/09, up from 29 per cent the year before.
CharityBank has teamed up with Liverpool Vision, the city’s economic development company, to set up a £5m investment fund to support community enterprises in one of the city’s poorest areas.
Ecclesiastical Insurance has issued a warning to charities that operate out of listed buildings that they could be substanitally underinsured and therefore at serious financial risk in the event of a major buildings claim.
Charitable foundations are “underutilised” and should be required by law to spend at least 5 per cent of their total endowment each year, according to a report by Cass Business School.