Share

Companies House and Charity Commission consider common filing

Charity Commission
News

Companies House and Charity Commission consider common filing3

Finance | Tania Mason | 22 May 2012

Companies House and the Charity Commission are looking at how they can accept the same sets of accounts and common annual returns, in an effort to reduce red tape for charities.

The Commission plans to consult the sector on the proposals during the summer.

This revelation is contained in the Office for Civil Society’s report on progress made on recommendation 8 of Lord Hodgson’s red tape-busting report Unshackling Good Neighbours, published this week.

Lord Hodgson’s recommendation was that “regulatory duplication, particularly between Companies House and the Charity Commission, should be eliminated”.

In its update, the OCS said: “The Charity Commission has identified that this is the only example of regulatory duplication with which it is involved, as HMRC requires different information from charities registered for gift aid.

“Companies House and the Charity Commission are working together to address this issue and are considering both the joint submission of accounts and common annual returns.

“There is willingness and commitment from both organisations to address this recommendation, although there are technical challenges to be overcome. Companies House (and HMRC) use a different software format for the submission of accounts to that used by the Commission and, following discussions with a small number of large charitable companies, it is not clear whether that format is suitable for charities.

“The Commission will be consulting on the change during the summer.”

The OCS added that once an effective solution is identified, there will be technical work to be done and a period of transition and adjustment for charities will be needed to become used to the different format.

It said there is an inherent problem in the proposal, in that the two regulators use their annual returns in different ways.  “These differences do not necessarily prevent a single portal being developed, but they do add complexity and a business case is under development to ensure that any changes are made following a full appraisal of the benefits.”

Pastor Victor Ige
Counseling Manager
Marital Organization
27 Nov 2014

Please how can I register my charity organisation with the Charity Commission?

Sarah Jayne Hewitt
Head of Fundraising
GiveUsTheFish Limited
22 May 2012

Surely with Charitable Incorporated Organisations (CIO's) having been in the pipeline for over 5 years they have already thought about this! One set of reporting is central to the CIO structure. How can this be a revelation?

Michael Brougham
Trustee
Association of Charity Independent Examiners
22 May 2012
Response to [Sarah Jayne Hewitt]

Not necessarily. One of the fundamental concepts of a CIO is that it will be regulated solely by the Charity Commission. It will have no requirement to file anything with Companies House, so no need for "joint" filing.

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Highest ever income reported at World Vision UK

2 Jul 2015

World Vision UK has reported its highest ever income of £71.8m, according to the charity’s latest set...

Charities are not doing enough to defend themselves over pay, conference hears

1 Jul 2015

Charities are not doing enough in response to attacks on chief executive pay, a Directory of Social Change...

VAT tribunal judgment on investment management fees worth tens of millions to the sector

30 Jun 2015

Charities should be able to reclaim VAT on investment management fees, a tribunal has ruled, in a move...

Richard Taylor to stay as director of fundraising at Cancer Research UK

3 Jul 2015

Richard Taylor has announced that he will be staying on as the director of fundraising at Cancer Research...

Funders must work better with charities, warns BIG England chair

3 Jul 2015

Charities and funders need to “get each other better” the chair of Big Lottery Fund England has said....

People's Postcode Lottery increases charity giving to 27.5 per cent of ticket price

3 Jul 2015

The People’s Postcode Lottery has announced it will increase the amount of money awarded to charity...

Institute of Fundraising unveils new mobile-compatible website

3 Jul 2015

The Institute of Fundraising has unveiled a new mobile-compatible website which it says better “reflects...

Get a mobile compatible website or lose donors, Google executive tells charity conference

2 Jul 2015

It is "not an option" for charities to have websites which don't work on mobile, because donors are increasingly...

Contactless donations set to soar, CAF study suggests

24 Jun 2015

There is a “massive future” for charity donations using contactless payment technology, according...

Join the discussion

Twitter
 
Training

Attending our one day courses is a highly effective way of ensuring new and existing trustees fully understand their role, responsibilities and liabilities.

>> Find out more <<