Not for Profit eNews - August 2020
In this edition, we provide an overview of the launch of the Governments 2020 Comprehensive Spending Review and an update on the launch of the Governments fundamental business rates review - a national campaign to increase the amount of gift aid recoverable on charitable donations. We also look at charity insolvency and how charities can benefit from a new act passed into law, the updated guidance on the importance of transparent and accountable governance by the Charities Commission, and the Companies House filing extension update.
Additionally, we explain the new processes for SORP engagement discussions, with a brief overview of recently released Information Sheets 5 and 6, as well as further change and guidance on helping the charity sector to deal with the effect of the COVID-19 pandemic.
Hot off the press
HMRC have provided revised guidance on digital advertising which may enable charities to seek VAT refunds from online advertising.
Download a copy of our latest newsletter using the link below or if you have any questions, please do not hesitate to contact Stuart Mckay.
If you have any questions about the topics raised in this issue or would like to discuss your accounting and business advisory needs with one of our sector specialists, please contact Stuart Mckay, Not for Profit Partner directly or send us an online enquiry