Charity news

Tax Rates and Allowances 2021/22

Tax Rates and Allowances 2021/22

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...

New Grant Funding Available for Charity Retailers

Charity retailers can now access up to an additional £9m in grant funding if certain criteria are met. This is due to the government lifting the allowance limits previously capped by an outdated EU ruling. The Charity Retail Association and Charity Tax Group had...

Budget 2021

Budget 2021

Budget 2021 The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of the British people'. Main Budget proposals Tax measures...

Charities and Fundraising During Lockdown

Recent research including nearly 250 charities conducted by Pro Bono Economics (PBE), the Charity Finance Group, and the Chartered Institute of Fundraising found that in the weeks leading up to Christmas charities lost out on more than £200m of fundraising income....

The Impact of a Second National Lockdown on Charities

Due to the combination of increasing demand and the decreasing income it is estimated that a funding gap of around £10bn has been created across the charity sector over the past six months. Recent research conducted before the second lockdown was announced showed that...

Indicators Suggest Smaller Charities are Struggling

Recent polls and fundraising data have indicated that donations to NHS charities have risen dramatically since March. Whilst this is perhaps not surprising other charity sectors have seen a decline in donations, this includes homeless and animal shelters as well as...

Charities Lose Millions to Fraud and Cybercrime Since March

Since March charities have lost an estimated £3.6 million due to fraud and cybercrime. The Charity Commission has stated that the actual figure is likely to be far higher due to fraud and cybercrime being notoriously hard to detect and report by their very nature. It...

Further Funding Available for Charities

Further Funding Available for Charities

Further Funding Available for CharitiesRegistered charities will be able to apply for a grant of between £500 and £20,000 if they meet certain criteria. The grant will be funded by the People’s Postcode Lottery, applications opened on 4 August and will close on 19...

Watchdog Finds Failures in Management at RMIB

Watchdog Finds Failures in Management at RMIB

Watchdog Finds Failures in Management at RMIB An investigation conducted by the Charity Commission discovered that serious mismanagement at the Royal National Institute of Blind People exposed some children in the charity’s care to undue risk. An official inquiry into...