For more information see: http://www.ibblaw.co.uk/service/charities
There is a vast amount of information produced by and for the charity sector to
help charity trustees and charity managers.Unfortunately it is not brought together
effectively in any one place. In this Guide we have handpicked some selected guidance and websites dealing with issues of regular concern to charities. We have grouped them under some key headings. (“CC” denotes a guide produced by the Charity Commission and in certain cases you are required to have reviewed the relevant Commission guidance.)
Please remember that we are always happy to help answer your questions and queries by phone or email. You can also make sure that you keep up to date with developments in the sector by signing up to our quarterly newsletter. For more information and to sign up for free charity law updates visit http://www.ibblaw.co.uk/service/charities.
Contact IBB's charity and social enterprise lawyers for advice. We are based in West London, but cover all surrounding areas.
While creatively designing this piece I realized how much residents of our City could benefit from knowing more about the Procurement process.
It's a great resource for newly certified firms, or certified firms that are looking to gain more insight and information about qualifying for contracts.
While creatively designing this piece I realized how much residents of our City could benefit from knowing more about the Procurement process.
It's a great resource for newly certified firms, or certified firms that are looking to gain more insight and information about qualifying for contracts.
Pre-Summit Workshop - New Markets Tax Credit Presentationkingdom1realty
What are New Markets Tax Credits?
First tax credit program to stimulate commercial investment in “low-income communities”
The program is administered by the US Treasury Department through a division call the CDFI Fund, in a unique public/private partnership with Community Development Entities (CDEs)
Legal newsletter for charities looking at Charity Commission’s consultation on draft guidance for new warning power, Registers of people with significant control and Brexit – The impact upon charities
While creatively designing this piece I realized how much residents of our City could benefit from knowing more about the Procurement process.
It’s a great resource for newly certified firms, or certified firms that are looking to gain more insight and information about qualifying for contracts.
The $2 trillion federal coronavirus relief package signed recently, officially known as the CARES Act, includes the nearly $350 Paycheck Protection Program to help small businesses affected by the Coronavirus Pandemic. The new loan program is designed to help small businesses with their payroll and other business operating expenses. The Small Business Administration (SBA) will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
The SBA and the Department of Treasury have released the information that will guide the programs. To help entrepreneurs better understand how can they benefit from the program, we created the webinar in partnership with the SBA, Cambridge Trust and the law firm Nutter to answer questions including:
Who are eligible for a Paycheck Protection Program loan?
How do businesses apply? What information is needed?
How much money can a business receive through the loan program?
When will the loans be available?
What’s the interest rate?
What does the payment schedule look like?
How does the Affiliation Rules affect VC-backed startup’s eligibility?
Can the loan eventually be forgiven? What’s the eligibility for loan forgiveness?
What if the PPP Loan does not cover a business’s needs? What are the other options under the CARES Act?
E-book: How to manage Anti-Money Laundering and Counter Financing of Terroris...Jitske de Bruijne
Financial Institutions continue to face heightened fines and regulatory scrutiny over their AML/CFT Programs. This e-book helps you to manage AML/CFT Programs.
In today’s economic climate falling into debt is perilously easy, getting out is hard. Firms in the debt sector have adopted flexible and ethical collection practices to support families who are struggling, yet costs and the time taken to collect have increased.
This Policy in Practice webinar featured guest speakers Carole Kenney, Director, Welfare and Customer Care, Gareth McNab, Social Inclusion Lead, Nationwide Building Society who spoke alongside Zoe Charlesworth, Director of Policy and Operations, Policy in Practice, and Sarah Lambert, Affordability Assessment Manager, Policy in Practice.
Whether you’re a collection agency, utility company, advice organisation, local authority or housing association, you’re on the frontline for helping people in debt.
You can boost the financial resilience of households by helping them to increase their income. In this way, you can increase collection rates and social impact, in the knowledge that you’re doing the right thing.
In this webinar we discussed:
- How COVID-19 has already hit people’s incomes, and what’s in store
- Who the newly vulnerable households are
- How to reduce existing arrears and the chance of a customer falling into arrears
- How to minimise the cost of debt collection
For more information visit www.policyinpractice.co.uk, email hello@policyinpractice.co.uk or call 0330 088 9242
Charities sector newsletter which includes articles on legacy giving and points to consider in appeal literature; data protection guidance in relation to collecting personal data from fundraisers and supporters; the proposed new powers for the Charity Commission and an overview of the Charity Commission’s revised guidance on setting up a charity
Katz, Marshall & Banks partner Lisa Banks has published an updated edition of the CFTC Whistleblower Practice Guide. The guide provides an in-depth look at the legal protections afforded to commodity futures whistleblowers and best practices for CFTC whistleblowers to prepare effective tips, cooperate with a CFTC investigation and claim a whistleblower award. Established by the Dodd-Frank Act, the Commodity Futures Trading Commission's (CFTC) Whistleblower Program protects whistleblowers from retaliation and also provides them with incentives for reporting fraud among entities involved in commodity futures trading. Recently updated with the latest legal developments and information regarding the CFTC's FY2016 enforcement actions and awards, this guide provides readers with a comprehensive, up-to-date explanation of existing law and valuable insights for CFTC whistleblowers and their counsel.
Sometimes the volunteers are overwhelmed with the legal jargon thrown at them, which can be discouraging in setting up their charities.
This presentation covers the different types of legal structures to be used by the trustees of charities.
It also gives a list of reporting requirements to be complied with on an annual basis.
We are pleased to share this month's edition of the IBB Wealth Magazine. An interesting and helpful read in the current economic climate, covering topics such as pensions, retirement and investments.
IBB Wealth's Guide to the Mini-Budget 2022. IBB Law
IBB Wealth, part of IBB Law LLP, gives a comprehensive guide to the Mini-Budget Growth Plan 2022, following the Chancellor's announcement on Friday (23 Sept), hailed to be a ‘new era’ for the UK economy with the biggest package of tax cuts and reforms in generations.
For more information please contact :
Kellie Lewis, Client Relationship Manager, on 01895 544001 or kellie@ibbwealth.co.uk, or
Graeme Cowie, Director, on 01895 544001 or graeme@ibbwealth.co.uk.
Alternatively please visit www.ibbwealth.co.uk.
More Related Content
Similar to A Guide For Charity Trustees and Mangers: Resource List 2014
Pre-Summit Workshop - New Markets Tax Credit Presentationkingdom1realty
What are New Markets Tax Credits?
First tax credit program to stimulate commercial investment in “low-income communities”
The program is administered by the US Treasury Department through a division call the CDFI Fund, in a unique public/private partnership with Community Development Entities (CDEs)
Legal newsletter for charities looking at Charity Commission’s consultation on draft guidance for new warning power, Registers of people with significant control and Brexit – The impact upon charities
While creatively designing this piece I realized how much residents of our City could benefit from knowing more about the Procurement process.
It’s a great resource for newly certified firms, or certified firms that are looking to gain more insight and information about qualifying for contracts.
The $2 trillion federal coronavirus relief package signed recently, officially known as the CARES Act, includes the nearly $350 Paycheck Protection Program to help small businesses affected by the Coronavirus Pandemic. The new loan program is designed to help small businesses with their payroll and other business operating expenses. The Small Business Administration (SBA) will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
The SBA and the Department of Treasury have released the information that will guide the programs. To help entrepreneurs better understand how can they benefit from the program, we created the webinar in partnership with the SBA, Cambridge Trust and the law firm Nutter to answer questions including:
Who are eligible for a Paycheck Protection Program loan?
How do businesses apply? What information is needed?
How much money can a business receive through the loan program?
When will the loans be available?
What’s the interest rate?
What does the payment schedule look like?
How does the Affiliation Rules affect VC-backed startup’s eligibility?
Can the loan eventually be forgiven? What’s the eligibility for loan forgiveness?
What if the PPP Loan does not cover a business’s needs? What are the other options under the CARES Act?
E-book: How to manage Anti-Money Laundering and Counter Financing of Terroris...Jitske de Bruijne
Financial Institutions continue to face heightened fines and regulatory scrutiny over their AML/CFT Programs. This e-book helps you to manage AML/CFT Programs.
In today’s economic climate falling into debt is perilously easy, getting out is hard. Firms in the debt sector have adopted flexible and ethical collection practices to support families who are struggling, yet costs and the time taken to collect have increased.
This Policy in Practice webinar featured guest speakers Carole Kenney, Director, Welfare and Customer Care, Gareth McNab, Social Inclusion Lead, Nationwide Building Society who spoke alongside Zoe Charlesworth, Director of Policy and Operations, Policy in Practice, and Sarah Lambert, Affordability Assessment Manager, Policy in Practice.
Whether you’re a collection agency, utility company, advice organisation, local authority or housing association, you’re on the frontline for helping people in debt.
You can boost the financial resilience of households by helping them to increase their income. In this way, you can increase collection rates and social impact, in the knowledge that you’re doing the right thing.
In this webinar we discussed:
- How COVID-19 has already hit people’s incomes, and what’s in store
- Who the newly vulnerable households are
- How to reduce existing arrears and the chance of a customer falling into arrears
- How to minimise the cost of debt collection
For more information visit www.policyinpractice.co.uk, email hello@policyinpractice.co.uk or call 0330 088 9242
Charities sector newsletter which includes articles on legacy giving and points to consider in appeal literature; data protection guidance in relation to collecting personal data from fundraisers and supporters; the proposed new powers for the Charity Commission and an overview of the Charity Commission’s revised guidance on setting up a charity
Katz, Marshall & Banks partner Lisa Banks has published an updated edition of the CFTC Whistleblower Practice Guide. The guide provides an in-depth look at the legal protections afforded to commodity futures whistleblowers and best practices for CFTC whistleblowers to prepare effective tips, cooperate with a CFTC investigation and claim a whistleblower award. Established by the Dodd-Frank Act, the Commodity Futures Trading Commission's (CFTC) Whistleblower Program protects whistleblowers from retaliation and also provides them with incentives for reporting fraud among entities involved in commodity futures trading. Recently updated with the latest legal developments and information regarding the CFTC's FY2016 enforcement actions and awards, this guide provides readers with a comprehensive, up-to-date explanation of existing law and valuable insights for CFTC whistleblowers and their counsel.
Sometimes the volunteers are overwhelmed with the legal jargon thrown at them, which can be discouraging in setting up their charities.
This presentation covers the different types of legal structures to be used by the trustees of charities.
It also gives a list of reporting requirements to be complied with on an annual basis.
Similar to A Guide For Charity Trustees and Mangers: Resource List 2014 (20)
We are pleased to share this month's edition of the IBB Wealth Magazine. An interesting and helpful read in the current economic climate, covering topics such as pensions, retirement and investments.
IBB Wealth's Guide to the Mini-Budget 2022. IBB Law
IBB Wealth, part of IBB Law LLP, gives a comprehensive guide to the Mini-Budget Growth Plan 2022, following the Chancellor's announcement on Friday (23 Sept), hailed to be a ‘new era’ for the UK economy with the biggest package of tax cuts and reforms in generations.
For more information please contact :
Kellie Lewis, Client Relationship Manager, on 01895 544001 or kellie@ibbwealth.co.uk, or
Graeme Cowie, Director, on 01895 544001 or graeme@ibbwealth.co.uk.
Alternatively please visit www.ibbwealth.co.uk.
Research Statistics 2019: Coercive and Controlling Behaviour in RelationshipsIBB Law
In November 2018, IBB Law commissioned Atomik agency to conduct independent quantitative research amongst 2003 adults (998 women and 1005 men responded) aged 18 - 65 across the UK to assess just how prevalent coercive controlling relationships are behind closed doors, the types of behaviour victims have been subjected to, their awareness about the legislation and any potential barriers they feel to reporting ‘the crime’.
Controlling or Coercive Behaviour in Relationships: Making Legislation Work M...IBB Law
Mention domestic abuse and many will immediately think of visible bruises, scars and marks on a victim. Yet domestic abuse is not only physical. Psychological, emotional and financial abuse are all types of domestic abuse categorised under coercive or controlling behaviour. Each can result in a victim being isolated from their friends and family; being controlled over aspects of their everyday life, such as where they can go, who they can see, what they can wear and when they can sleep; and controlling their finances.
For more information on the topic raised in this report please contact IBB Law's Family and Matrimonial legal experts via the link below:
https://www.ibblaw.co.uk/service/family-matrimonial
Divorce and Matrimonial Team
IBB Law
The Bury
Chesham, Buckinghamshire
HP5 1JE
Tel: 03456 381381
IBB Wealth's Guide to the Spring 2022 Forecast Statement following the update from the Chancellor last week.
An analysis of the key tax changes and outlining the practical implications for you, your family and business.
Statutory Redundancy Payment Calculator (6 April 2019 to 5 April 2020)IBB Law
IBB Solicitors' employment law experts have created a Statutory Redundancy Payment Calculator.
IBB's employment team has employment lawyers who are experts in supporting employees facing redudancy, unfair dismissal or discrimination at work.
For more information please contact our experienced employment solicitors on 03456 381381 or email employment@ibblaw.co.uk.
We are based in Uxbridge, West London and you are free to drop in.
Our employment lawyers can provide you with detailed and up-to-the-minute advice on a wide range of services including:
Negotiating Senior Executive Exit Packages
Redundancy Advice For Employees
Employment Tribunals Claims
Settlement Agreements
Restrictive Covenants Advice for Employees
Wrongful Dismissal
Unfair Dismissal
Constructive Dismissal
Race Discrimination
Sex / Gender Discrimination
If you would like to discuss your employment situation or would like a review of your employment contract then call us today in confidence on 03456 381381, or email your details to employment@ibblaw.co.uk.
Retirement Planning Guide - Life After WorkIBB Law
IBB's Wealth Management Planners have created a new Retirement Planning Guide.
For advice on wealth management and retirement planning as well as other issues such as inheritance tax planning, please visit: https://www.ibblaw.co.uk/service/ibb-wealth
For more information please contact Kellie Lewis, Client Relationship Manager, on 01895 544001 or kellie@ibbwealth.co.uk or Graeme Cowie, Director, on 01895 544001 or graeme@ibbwealth.co.uk. Alternatively please visit www.ibbwealth.co.uk.
The content of the articles featured in this publication is for your general information and use only and is not intended to address your particular requirements. Articles should not be relied upon in
their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information
is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice
after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles. Thresholds, percentage rates and
tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on the individual circumstances of the investor.
The value of your investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.
IBB Wealth has created a guide on planning your retirement.
IBB Wealth are financial advisors who specialise in wealth management for all stages of your life.
We are based in Uxbridge, West London but support clients in Surrey, Buckinghamshire and all surrounding areas.
For advice on retirement planning please visit: http://ibbwealth.co.uk/index.html
IBB Wealth
Capital Court
30 Windsor Street
Uxbridge
UB8 1AB
t: 01895 544 001 / e: info@ibbwealth.co.uk
2. Working internationally
CC Guidance for charities working internationally
https://www.gov.uk/charities-how-to-manage-risks-when-working-internationally
CFG: Better FX: A Guide to improved foreign exchange practice in the UK Charity Sector
http://goo.gl/bokIz
Trustees’ duties and responsibilities
The overriding duty of charity trustees is to further the purposes of their charity and act in
the charity’s best interests at all times. In doing so, trustees have a number of specific duties.
These guides outline a charity trustee’s principal responsibilities.
CC3: The Essential Trustee: What you need to know
https://www.gov.uk/government/publications/the-essential-trustee-what-you-need-to-know-cc3
CC3a: The Essential Trustee – an Introduction
http://www.reachskills.org.uk/file/the-essential-trustee-cc3-pdf
NCVO: Reducing the Risks: A Guide to Trustee Liabilities
http://www.gmcvo.org.uk/sites/gmcvo.org.uk/files/ReducingtheRisks.pdf
ICAEW: Duties of Charity Trustees
http://goo.gl/61nq7
Recruiting new trustees
Start as you mean to go on by making sure you establish that your trustees are eligible to
serve (some people are disqualified by law from acting as a charity trustee) and that your
recruitment process and induction is streamlined.
Both the Charity Commission and HMRC recommends that new trustees sign a declaration form to
confirm all checks have been made.
The Commission’s Trustee Eligibility Declaration Form can be found here:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/316308/trustee-declaration-
v4.pdf
...and HMRC’s Model Declaration for Fit and Proper Persons can be found here:
http://goo.gl/ID2uT
CC30 : Finding new Trustees – What you need to know
http://goo.gl/GRi9b
Good Practice in Trustee Recruitment from NVCO:
https://www.ncvo.org.uk/component/redshop/1-publications/P48-good-practice-in-trustee-recruitment-
toolkit
Governance
Good governance means ensuring that your charity runs effectively and follows good practice.
CC10: Hallmarks of an Effective Charity
https://www.gov.uk/government/publications/the-hallmarks-of-an-effective-charity-cc10/the-hallmarks-
of-an-effective-charity
Good Governance: a code for the voluntary and community sector
This Code has been developed by the sector and focuses on six key principles to help charities get
their governance right http://www.governancecode.org/
Property
Special rules apply when a charity disposes of any interest in land.
CC33: Acquiring Land
https://www.gov.uk/government/publications/acquiring-land-cc33/acquiring-land
CC28: Disposing of Charity Land
https://www.gov.uk/government/publications/sales-leases-transfers-or-mortgages-what-trustees-need-
to-know-about-disposing-of-charity-land-cc28/sales-leases-transfers-or-mortgages-what-trustees-
need-to-know-about-disposing-of-charity-land
Land Registry: Practice Guide 14 – Charities
https://www.gov.uk/government/publications/charities-advice-for-applications-to-be-sent-to-land-registry/
practice-guide-14-charities--2
The Official Custodian for Charities operates a landholding service for charities which is free to use
and removes the need to have separate holding trustees. Details can be found here:
CC13: The Official Custodian
https://www.gov.uk/government/publications/the-official-custodian-for-charities-land-holding-service-
cc13/the-official-custodian-for-charities-land-holding-service
Investment
Trustees need to understand the powers they have to invest their charity’s assets.
The Commission’s Guidance covers general duties, appointing investment managers, assessing
performance, ethical investment, programme related investment, mixed motive investments as well
as matters which are relevant to charities holding permanent endowment.
CC14: Investment of Charitable Funds
https://www.gov.uk/government/publications/charities-and-investment-matters-a-guide-for-trustees-
cc14/charities-and-investment-matters-a-guide-for-trustees
Guide to writing an Investment Policy: http://goo.gl/OEttO
IBB has also produced its own guide to investment by charities, which is available on request.
Reserves
Charities holding reserves should develop and review their reserves policy on a regular basis,
and must be able to justify it.
CC19: Charities and Reserves
https://www.gov.uk/government/publications/charities-and-reserves-cc19/charities-and-reserves
Data protection
Charities holding personal data (about employees, beneficiaries, donors etc.) will need to
ensure that they comply with data protection law.
Information Commissioner’s Office: information on data protection compliance: http://ico.org.uk
Protecting Data. Protecting People: A Guide for Charities http://goo.gl/UfuLY
Fundraising
Fundraising law and regulation is complex and different rules apply to different methods of
fundraising. The Charity Commission’s Guidance provides a good overview of the fundraising
framework.
CC20: Charities and Fundraising: https://www.gov.uk/government/publications/charities-and-fundraising-
cc20/charities-and-fundraising
Institute of Fundraising: Code of Fundraising Practice
www.institute-of-fundraising.org.uk
Contains the best practice standards for all forms of charitable fundraising
For Guidance on Professional Fundraisers and Commercial Participators,
see the Cabinet Office Guidance on Solicitation Statements:
http://goo.gl/Nz08r
Lotteries: www.gamblingcommission.gov.uk
Trading
Generally, charities cannot engage in taxable trade. These guides will help you get to grips
with primary purpose and non-primary purpose trading and when you might need a trading
subsidiary.
CC35: Trustees, trading and tax
https://www.gov.uk/government/publications/trustees-trading-and-tax-how-charities-may-lawfully-trade-
cc35/trustees-trading-and-tax-how-charities-may-lawfully-trade
CFG Guide: The tax implications of charity trading: http://goo.gl/khjAP
Charity Tax
There are many reliefs, incentives and exemptions that apply to charities and charitable
donations. Charity trustees need to understand the tax framework in which their charity
operates.
HMRC: Tax guidance for charities http://www.hmrc.gov.uk/Charities/tax/index.htm
Gift Aid: http://www.hmrc.gov.uk/Charities/gift_aid/
Charity Tax Map: a study that outlines the impact of taxation on the
charitable sector http://www.ctrg.org.uk/tax_map
You can also find information about charity business rates relief which applies to non-domestic
properties used for charitable purposes via your local council.
Charity regulators
Charity regulation is devolved in the nations and some charities operating in more than one
nation may need to be registered (and file returns) with more than one Regulator.
The Charity Commission
https://www.gov.uk/government/organisations/charity-commission
Office of the Scottish Charities Regulator (OSCR)
http://www.oscr.org.uk/
The Charity Commission for Northern Ireland
http://www.charitycommissionni.org.uk/
Fundraising Standards Board
The independent self-regulatory body for UK fundraising: www.frsb.org.uk
Sector bodies
There are many umbrella bodies in the sector which provide specialist advice to their
members. Some of them are listed here but there are many other organisations that focus on
providing specific advice to particular sectors.
ACEVO – Association of Chief Executives of Voluntary Organisations www.acevo.org.uk
NAVCA –National Association for Voluntary and Community Action www.navca.org.uk
NCVO – National Council for Voluntary Organisations http://www.ncvo.org.uk/
CTG Charity Tax Group www.ctrg.org.uk
CFG Charity Finance Group www.cfg.org.uk
ICSA (Institute of Chartered Secretaries and Administrators) https://www.icsa.org.uk/
Directory of Social Change (publishes trust funding and grants for individuals publications):
www.dsc.org.uk
Small Charities http://www.smallcharities.org.uk
Charity trustee network http://www.trusteenet.org.uk