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charities
Mysterious Charitable Gifts - The Smithsonian Legacy
The Smithsonian in Washington DC is the largest museum in the world and houses the legacy of an entire country. A little known fact is that this American national treasure is owed to a legacy of a different kind, a single charitable bequest by a man who had never even visited the...
Reporting of trustees' expenses in Annual Accounts and controls over expenses
The Independent Expert Group issued a report on expenses which highlighted the importance of good internal control procedures on the payment of expenses to trustees, staff and volunteers.
Potential good news for Charities - VAT
David Cameron confirmed will consult with the Treasury over the additional VAT cost which Charities will suffer when the VAT rate increase takes effect next January.
Public Benefit - UPDATE
On 8 July the Charity Commission released an update on its public benefit work.
Revised financial guidance for charities
On 8 June 2010, the Charity Commission published four updated sets of financial guidance for charities.
