ITC: Charities Tax and Trading
An update from the Charities' Commission on tax and trading.
Has a clear purpose or objective that falls within the 13 descriptions that Parliament has agreed are charitable.
Operates wholly for the public benefit.
The 13 descriptions are set out in the Charities Act, and include:
The prevention of poverty.
The advancement of the arts, culture, heritage or science.
The advancement of education.
The advancement of citizenship or community development.
Charities are regulated by the Charity Commission of England and Wales, and any charitable organisation with a turnover of over £5,000 must register with the Commission. The charity sector benefits from tax breaks, a good reputation, and access to a wide range of funding from trusts and foundations. It is subject to a higher level of regulation, which could include personal criticism of charity managers and trustees if the Commission believes that there has been mismanagement.
An update from the Charities' Commission on tax and trading.
Extract from How to Run a Charity, published by ICSA, focusing on the legal aspect.
The Association of Independent Museums' 10 Golden Rules for achieving good governance to museum charities operate successfully. Published: 2013.
To be used in conjunction with The Charity Governance Code, this is a practical tool kit acting as a checklist against which Trustees can note their progress, actions and their points for continuing improvement.
Template for assessment of a smaller charity's governance, including purpose, leadership, integrity, decision making, risk, effectiveness, diversity, accountability.
Template for assessment of a larger charity's governance, including purpose, leadership, integrity, decision making, risk, effectiveness, diversity, accountability.
Details of new Charities Act fundraising rules which came into force on 1 November 2016.
What charities and their trustees need to consider when fundraising from the public. Published: June 2016.
This note provides guidance on the reporting requirements in the Charities (Protection and Social Investment) Act 2016.
Links to the UK Government's 2018 study into fraud in charities. Published: April 2018.
Resources for tackling charity fraud.
This guidance is written for trustees of charities of all sizes and types, whether they are companies, trusts or associations to help them develop a reserve policy. Published: January 2016.
How to manage your charity’s financial activity and use internal financial controls to reduce the risk of loss. Published: July 2012.
The Charity Commission responds to draft Charity Code of Ethics. Published: October 2018.
NCVO has been developing a set of principles that can act as a ‘code of ethics’ for the charity sector. They then published a draft code for consultation and considered all the feedback they've received. Published: 2018.
The research highlights that whilst the gender gap at board level is narrow compared to other sectors, there is still an imbalance at the top compared to the overall make-up of the workforce. Published: 2018.
What are the implications of digital for the charity sector? Published: October 2016.
Helps small charities access the skills, tools & information they need to get going and do what they do best.
A social enterprise which supports charities.