CTG attacks HMRC for breaking promises over implementation of 20 per cent tax on direct mail

CTG attacks HMRC for breaking promises over implementation of 20 per cent tax on direct mail

16 Apr 2015 | David Ainsworth

Charities have been left unsure how to obey tax rules after HM Revenue & Customs failed to publish guidance explaining how it will implement changes in VAT on direct mail, the Charity Tax Group said today.


CTG attacks HMRC for breaking promises over implementation of 20 per cent tax on direct mail

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Top charities take an average of just over 7 months to file accounts with the Charity Commission

The average amount of time it takes the top 100 largest charities in the UK to file their accounts with the Charity Commission is 7.2 months, while 26 per cent of all charities that file on time do so in the tenth month.

Changes to charity audit thresholds come into force today

A number of changes to charity audit thresholds, including an increase in the basic threshold from £500,000 to £1m, come into effect today.


The government said today that it will go ahead with plans to double the audit threshold for most charities from £500,000 to £1m, making up to 4,000 charities exempt from audit requirements.

Almost 5,200 charities late filing financial documents with Charity Commission

Around 5,200 charities are currently late filing accounts or annual returns with the Charity Commission, according to updated figures published on the Register of Charities this week.

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

OSCR to publish annual reports and accounts on its website

The Office of the Scottish Charity Regulator has confirmed it will publish the annual reports and accounts of charities with incomes over £25,000 on its website, and says it intends to have the facility available by the end of this year.

Girls’ Day School Trust income up to £274m

The Girls’ Day School Trust, the UK’s 12th largest charity, has increased its income by 17 per cent to £274m, according to its recently published accounts.

CFG and NCVO support proposed audit threshold rise

Charity sector bodies have supported proposals to raise the audit threshold from £500,000 to £1m, in a joint response to a government consultation.

WWF UK’s total income rose seven per cent in 2014 financial year

WWF UK's total income for the year ending June 2014 rose to £62.2m, an increase of £3.8m, or seven per cent, from the previous year.

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