Knowledge Centre Category: Charities

Newsletter 14 November 2025 – new SORP and thresholds for Charities

The Charities SORP 2026 introduces tiered reporting and significant updates across key modules, improving clarity and proportionality. Audit and examination thresholds will rise from October 2026, easing the burden on smaller charities.

How to Run a Charity

Running a charity isn’t just about doing good, it’s about doing it well. Charities must balance purpose with accountability, making sure every pound raised and spent is handled transparently and in line with their legal obligations. Here’s a simple overview of what’s involved in running a charity successfully and staying compliant.

Setting Up a Charity

Establishing a charity in the UK is a commendable endeavour that allows you to make a significant impact on the causes you care about.

Charity Tax in the UK

Understanding the tax rules can be a bit tricky. Here we look into the essentials of charity tax and primary purpose trading rules.