29 Oct 2013
St Andrew’s Healthcare, one of the largest charities in the UK, has been told by commissioners that calling itself a social enterprise will help it win contracts.
Arts Council England is to wind up its subsidiary ArtCo Trading and transfer its services into a new community interest company, so it can bid for Big Lottery Fund money.
Deloitte has opened applications to the second round of its Social Innovation Pioneers programme, claiming the first year was a success.
Big Society Capital will focus on unsecured lending for the charity sector and helping communities take over assets, over the coming months.
The clever people who devise tax avoidance and other scams by using charities are quite smart enough to be sure they get through Revenue and other data base scrutiny. The only way to stop or reduce this type of abuse is to come down much more heavily on those who deliberately misuse charities, whether as principals, advisers or beneficiaries.
The social investment sector has welcomed the news today that government will introduce a new tax relief for social investment in the Finance Bill 2014.
A new free scheme for charities or social enterprises to receive business support from the private sector has launched.
The Big Issue is seeking to address the perception that it is a charity rather than a social enterprise in an M&C Saatchi-developed campaign launching today.
The CIC Association has recommended that the individual 20 per cent dividend cap be set against the profit a community interest company makes, rather than pegged to the value of an investor's initial stake.