Charity Commission issues latest COVID guidance

The guidance covers sixteen areas, including government financial support, holding AGMs, the use of restricted reserves, advice on insolvency and keeping people safe.

Accounting firm UHY Hacker Young said that given the pervasive nature of the pandemic to the charity sector, it encouraged tax professionals to read this guidance given the advice often evolves or changes.  

“Throughout the guidance, the Commission emphasises that a charity’s primary interest must be to look after the beneficiaries they serve,” UHY Hacker Young said.

“Given all of the uncertainties given the current circumstances, it may be easy to forget this. The guidance is comprehensive and we welcome frequent updates.

“The sector is facing significant challenges and it is important that charities can adapt to the changing circumstances. This guidance goes a long way to help charities do this.”

Accountants can access the latest Charity Commission guidance by clicking here.