Charity Newsletter Spring 2025

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 –

Charity fundraising trends for 2025

Charity banking challenges

Upcoming changes to charity regulations in Scotland to improve transparency and accountability

‘Failure to prevent fraud’ offence for charities to be enforced

OSCR publishes guidance on trustee disqualification

Cryptocurrency in charity fundraising

New Charity AI Task Force

Accounting and tax update

Upcoming changes to FRS 102 and their impact on charities SORP

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.

Staff entertaining and gifts

In partnership with Scottish Pharmacy magazine, here is our guide to help ensure business owners don’t fall foul of tax rules when it comes to rewarding staff with staff entertaining, gifts and bonuses.

Is your staff Xmas party tax deductible?

When it comes to rewarding staff with a Christmas Party, you want everyone to have a great time. In this article we explain how you can use allowable deductions for tax purposes under certain conditions.

5 Reasons Your Business Needs a Virtual Finance Director

Growing businesses often reach a point where they need strategic financial guidance, but full-time hires can be costly...