Using fundraising agencies: You are not outsourcing ultimate responsibility
With more charities outsourcing fundraising, proactive management of the agency is vital to avoid falling foul of the Fundraising Regulator.
VAT exemption for charities and eligible bodies holding fundraising events
Charities and other qualifying bodies, such as non-profit making entities, have now received some clarity about the VAT liability of fundraising events.
Beware entering into "novel, contentious and repercussive" transactions without DfE approval
Seeking DfE consent for ‘Novel, Contentious and Repercussive’ transactions is vital.
Diversifying income – an increasing priority for charities
In a world in which the fundraising environment has changed drastically, charities need to think seriously about diversifying their income.
Why being a charity trustee is a good idea?
Becoming a trustee doesn’t just benefit the charity involved, but offers many rewards to the individual, says Kyle Smith of Lovewell Blake’s Charities team.
Charities need to start preparing now for new accounting rules coming next year
Although the new Statement of Recommended Practice (SORP) doesn’t come into effect until next year, charities should be getting ready for it now.
Seek support to maximise gift aid opportunities
A new report has highlighted a multi-million pound funding gap caused by inconsistent take-up of Gift Aid – which is shocking when many charities are struggling to make ends meet.
Charities as vulnerable to fraud as ever
Two high-profile cases have shone the spotlight once again on charity fraud, says Stef Smith of Lovewell Blake’s Charities team