Charity Newsletter Autumn 2024

Charity Newsletter

We are delighted to share our latest charity newsletter with you.

Issues affecting Scottish charities

This edition features information on issues that affect the third sector including –

OSCR‘s sector overview report

Code of Fundraising Practice review

Pending changes to The Disclosure (Scotland) Act 2020

An accounting and tax update

If you have any questions about our charity and not-for-profit range of services, please get in touch with our Charity Team at charities@thomsoncooper.com.

Property & Landlord Hub

Welcome to our new Property and Landlord Hub. Here you will find news, updates, FAQs and advice on property and landlord issues.

Audit thresholds have increased

New audit thresholds represent an increase of approximately 50% on former thresholds, and will be applicable for accounting periods commencing on or after 1 October 2024. The regulations will come into effect from 1 April 2025 to give business owners time to regularise any eligibility issues.

How to become a trustee

Our guide on ‘How to become a trustee’ covers what a trustee is and the responsibilities of the role, plus what makes a good charity.