News & Opportunities
Changes to charities’ annual returns
The Winter issue of the Charity Commission’s online newsletter for trustees includes information about forthcoming changes to the annual returns for 2014. Following a consultation last year some new questions have been introduced aimed to make charities more accountable to the public. These require information about whether charities raise funds from the public, have a trading subsidiary, pay trustees, have certain policies in place, are regulated or registered with a registrar other than the commission, and whether they carry out their charitable purposes predominantly through grant-making. The new changes also include removing the requirement for charities with an income over £1 million to complete the Summary Information Return (SIR). Detailed guidance will be available shortly.