Funding & Income

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The Coalition government has stepped up its process of decentralisation and devolution of power to local authorities and their communities. Local authorities will have the liberty to make decisions about allocation of resources free from central government guidelines. An increasing role for the VCS to deliver public services is expected. VCS organisations are expected to have a key role to play in identifying needs as well as delivering services. This page deals with policies that have an impact on funding, commissioning and procurement for the VCS.

Review of the Social Value Act

A review of the Social Value Act by Lord Young has recommended that the Act should not be extended and strengthened.

New online charities registration service

Charities can now register online with HM Revenue & Customs (HMRC), rather than having to use a paper form, the HMRC has announced.

BIG Assist programme extended

An extra £1million of funding will be made available to local infrastructure bodies as part of a 12-month extension to the BIG Assist programme.

Guide to Bitcoin donations

Two Bitcoin organisations have launched a website to promote the use of the digital currency to charities and other non-profit organisations.

Big potential programme update

The Big Lottery Fund has doubled the amount of funding available through its Big Potential programme to help charities win contracts and investment.

Defra investment in ACRE Network

The Department of Environment, Food and Rural Affairs has confirmed that it will maintain its £2.3million investment in the ACRE Network for 2015/16.

Tool for third parties to submit charity accounts

The Charity Commission has launched a new digital tool to allow a third party, such as a charity’s accountant, to submit its accounts on the charity’s behalf.

SafeXmas

The Charity Commission has teamed up with the Fundraising Standards Board to encourage the public to give safely to charities this Christmas by remembering the ‘Safe Xmas’ acronym.

Average income of charities rises by 2.2 percent

The incomes of charities in England and Wales rose by an average of 2.2 percent last year, a report from the data provider Charity Financials shows.

2014 Autumn Statement

VAT refunds for hospices and changes to the investment limits for social investment tax relief were among the announcements made in the 2014 Autumn Statement on Wednesday 3 December.

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