Finance eNews 27 September 2010
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27 September 2010
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This week, in the world of charity finance: job losses at Navca, a renewed commitment to government aid spending, new demands for tax reform to benefit the sector, and some impressive figures about return on investment in volunteering activities. 

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Neil Cleevely

Navca to consult with staff on 18 job cuts


The National Association of Voluntary and Community Action (Navca) could cut up to 18 jobs over the next six months following funding losses of around 50 per cent.

Accounting

CFDG calls for reform of tax policies in response to government review


The Charity Finance Directors' Group has called on the government to review tax policies which often burden the charity sector, such as tax avoidance and tax relief, in its response to a government consultation on tax policy.



Accountants should encourage charity transparency, says Dame Suzi


Charity Commission chair Dame Suzi Leather has called on accountancy firms to encourage transparency in the charity sector.

Housing Association

Allowing housing associations to raise finance will save public purse £5bn, says new report


New legislation, which now allows housing associations to raise money through methods like equity investment could unlock up to £30bn for the sector and save £5bn in government grants, says a new report by Policy Exchange.

Return on volunteering investment

Volunteering provides return on investment, says Volunteering England


Each £1 spent on volunteering returns £4-£8 in direct economic value, according to Volunteering England's submission to the government ahead of the comprehensive spending review.

Nick Clegg

Coalition to honour 0.7 per cent aid pledge in law


Deputy Prime Minister Nick Clegg has confirmed the coalition government's commitment to giving 0.7 per cent of the gross national income in aid by 2013 at the UN Millennium Development Goals Summit.

Fraud and theft

Commission investigates theft and fraud totalling £21m


The Charity Commission received 451 reports of serious incidents last year, almost twice as many as the year before.


Civilsociety.co.uk
Blog


Localism

Splitting the cost of a CAB


A lot of lessons can be learnt from the Citizens Advice Bureaux says Big Society blogger Gordon Hunter who calls for some creative thinking to make the most of local resources.


Linkedin
Lloyds TSB

Events


CFPC conference

Charity Finance Property Conference

18 October 2010

VAT & Tax Conference

VAT & Tax Conference
18 October 2010

Charity Finance Live

Charity Finance Live

18 October 2010



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Civil Society eNews Contacts

Tania Mason, editor, 020 7819 1214,
tania.mason@civilsociety.co.uk

Phil Bishop, online advertising, 020 7819 1215,
phil.bishop@civilsociety.co.uk

Niki May Young, website editor, 02078191206,
nikimay.young@civilsociety.co.uk