Knowledge Hub

CFG has been working hard to support members and all charitable organisations following the autumn budget on 30 October. Find out how you can join us in supporting the future of our sector.

CFG's policy experts, Richard Sagar and Ida Karlsson, dig into all the relevant announcements and changes so you don't have to.

Charities should diversify their income sources to ensure that they are financially stable and resilient amid today's economic challenges. Allan Hickie from UHY discusses how your charity can approach income diversification in a number of ways.

The cost of living crisis continues to challenge organisations of every size. Stephen T Dean from Grant Thornton UK takes a look at the pressures charities are facing in 2024 and what they are doing to manage them.

England's charity sector regulator has published updated guidance about financial difficulties to support trustees in their decision making.

The Fundraising Regulator's long-anticipated fully redrafted Fundraising Code is now out for consultation. Charities and others are invited to view the new code, comment and join in the conversation.

Tracey Moore from UHY emphasises the importance of going concern information for charities. She explains how budgets and cashflow forecasts can be used as management tools beyond audit purposes. By regularly updating and analysing this information, charities can make informed decisions, improve financial planning, and strengthen their relationships with grant providers.

BHP's Carla Horsfall explains how charities can save money on VAT for fundraising events by understanding the exemption rules. She outlines the key conditions for exemption and provides examples of events that qualify. The key takeaway for charities is to stay informed, plan ahead, and consider if the exemption benefits them before applying.

The 2024 Charity Digital Skills Report reveals some promising data showing the digital ambitions of charities, whilst also finding that economic challenges are stalling progress.

CFG's Head of Policy, Richard Sagar, takes a look at the King's Speech following the election of a new Labour Government and sets out what it could mean for charities.

Is your charity thinking about debt financing for large expenditures? Elizabeth Jones from Farrer & Co discusses the pros and cons of borrowing.

In this second part of his series on resilience, Robin Aitken takes a look at what to do when the going gets tough and the income streams dry up.