Approximately 2,300 charities have asked the Charity Commission to extend their deadline for submitting annual return documents due to the Covid-19 pandemic.
Data shared with Civil Society News shows that the Commission has approved 91% of these requests, roughly 2,100.
Since 20 March 2020, the Commission has said that charities due to file their annual return can apply for an extension to their submission deadline, and that it will continue to take a flexible approach to regulation during this period.
The Commission recommends that if a charity has all the information available then it should still submit its documents on time, but will accept requests for extensions providing the charity has not already missed its filing deadline when asking for the extension.
It has said that no charity will be penalised for missing its deadline during this period. The extensions are not time bound, and the situation is continually under review.
Don Bawtree and Peter Lewis give some advice on adapting financial reporting to deal with the issues caused by the Covid-19 pandemic.