25th February 2020

We are delighted to share with you our latest Charity Group Bulletin, available for download via the following link.

Click here to download the latest UNW Charity Group Bulletin

We start the year by looking at recently updated guidance on reporting serious incidents to the Charity Commission.

Our focus piece in this issue is with Paul Callaghan of Leighton Group, who has devoted a lot of time and effort to the cultural arts. He is also the person behind the creation of the Sunderland Music Arts and Culture Trust. The charity is a key part of the regeneration of Sunderland City Centre around the Empire – first with the restoration of the Fire Station, and now with the building of a new Auditorium – all of which greatly improves Sunderland’s cultural offer.

We have also included an update on CASC status – whilst it may entitle you to some charitable reliefs (such as rates relief), HMRC do not take the same view. Our VAT partner, Mark Hetherington, gives more detail on the matter.

We then touch on gift aid, and making sure you are making the most of gift aid relief and claiming tax reliefs available to you. As we have previously noted, some of the rules and processes have been amended over the last year or so. The piece clarifies when tax relief on gift aid payments can be claimed, which is something to make note of for your 2020 tax return.

Back in November, we held one of our most popular charity briefings so far. The interest was so great that we had to move venue to fit you all in! The three great speakers (Jane Hogan of St. Oswald’s Hospice, Mike Pratt of Northumberland Wildlife Trust, and Pauline Wonders of Family Gateway) were clearly the draw, and more details of what they covered are included in this Bulletin.

Finally, I just wanted to remind you of our next event which is an update on financial reporting and compliance at the end of this month. I look forward to seeing some of you there.

 

 

Anne Hallowell
Charity and not-for-profit partner at UNW

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