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A survey of Charity Finance Group (CFG) members has found that charities continue to face severe financial pressures one year on from the rise in Employer National Insurance Contributions (ERNICs).
Charity Finance Group (CFG) welcomes the Scottish Government's announcement that the audit income threshold for charities will increase from £500,000 to £1 million from 1 January 2026. This change will provide much-needed relief to thousands of charities across Scotland facing rising costs and increasing administrative pressures.
CFG and sector partners invite feedback on Charity Investment Governance Principles one year on from launch.
Whilst some aspects of the SORP are welcome, CFG recognises that some charities will have concerns, and encourages all charities to prepare now.
Reforms urgently needed to support civil society's future, says CFG