Not for Profit eNews - May 2025

Firstly, the Fundraising Regulator has announced a revised Code of Fundraising Practice, introducing a more streamlined and principles-based approach following a three-year consultation with fundraisers.

We discuss the outcome of a recent tribunal concerning VAT exemptions related to Fundraising events. We consider the implications this ruling may have as well as next steps charities can take in the wake of this decision. 

The Charity Commission has released updated guidance on Trustee remuneration. It reinforces the notion that trusteeship is fundamentally a voluntary role, vital to public trust in charities. The guidance seeks to make the legal framework more accessible while reinforcing ethical and reputational considerations around trustee payments.

HMRC has issued a new brief that no longer supports certain longstanding VAT planning arrangements in the care sector. We explain the implications for your business as well as how MHA is able to assist you in.

We also look at the potential role Artificial Intelligence can play in the sector as well as ongoing consultations on the UK audit threshold.