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Charity Newsletter Autumn 2024

Welcome to the latest edition of our charity newsletter featuring issues that affect the third sector including OSCR’s sector overview report, Code of Fundraising Practice review, changes to The Disclosure (Scotland) Act 2020 and an accounting and tax update.

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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.

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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.

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