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The Charity Commission has announced changes to the annual return.

Changes will apply to returns made for the year ending 2015 and have been designed with the intention of making charities more accountable.

The annual return 2015 will include three new question areas, which received broad support in the consultation:

  • In the reporting period, how much income did you receive from:

-contracts from central or local government to deliver services

-grants from central or local government?

  • Does your charity have a policy on paying its staff?
  • Has your charity reviewed its financial controls during the reporting period?

 

The commission has also taken into account concerns raised about a proposal to ask charities with incomes of between £10,000 and £500,000 for key financial information. The commission says it recognises that including this question would impact particularly on charities with smaller incomes, and that it will therefore not require charities to supply this information in the annual return.

The commission is also reminding charities that it is getting tougher on those that fail to file annual returns and accounts on time. In September 2013 it launched a class inquiry to investigate charities that had not submitted accounts for two or more financial years. That investigation continues.

Read the full press release on the Gov.uk website.

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