Have your say on draft public benefit guidance
The Charity Commission is looking to hear the views of charity trustees on their new draft public benefit guidance.
The guidance explains what people need to consider when setting up a charity and when reporting on public benefit in simple language and have used a new web-based format to make it easier for trustees to find relevant information.
Preventing fraud in charities
A new guide has been published by the Charity Commission, the Charity Finance Group and a range of other organisations, including the National Fraud Authority and the Serious Organised Crime Unit on preventing and responding to fraud in charities.
Charities and reserves
Charity law requires charities to spend income within a reasonable period time. The reserve policy in the Trustees’ Annual Report should clearly explain why the charity holds a certain level of reserves and under which circumstances the reserves might be used.
For details about trustees’ duties read the Charity Commission’s guidance Charities and Reserves (CC19) or a new publication called Beyond reserves published by the Charity Finance Group, ACEVO and the Institute of Fundraising.
Charities and reserves link: http://www.charity-commission.gov.uk/Publications/cc19.aspx
New look for guidance on reporting serious incidents
Trustees should let the Charity Commission know when their charity experiences a serious incident. The Commission doesn’t get involved if appropriate steps were taken to manage the risk, only if there are concerns about the way that trustees have responded.
The rewritten guidance on reporting serious incidents has a new format and style to make it easier for trustees to navigate. The guidance has also been updated to reflect changes in the law, including the introduction of the Protection of Freedoms Act 2012.
New pensions rules for charities employing staff
The Pensions Regulator has published an online leaflet explaining new rules, that requires all employers to make pension arrangements for employed staff and contribute at least 3% of what is described as ‘reckonable salary’ to the scheme as an employer contribution.
The changes will come into effect after October 2012 in a staged way and will require even the smallest employers to have arrangements in place by 2017.
Date: 10th September, 2012
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