The relaxation of the regulations includes the more detailed definition of bodies involved in the ‘promotion of human rights, conflict resolution and reconciliation.’ This could open the door for such groups as Amnesty International and Liberty.
The Charity Commission welcomed the move with charity commissioner, Julia Unwin saying, ‘this is a good set of proposals which will promote the health and vitality of the sector’.
The plans mean that the Charity Commission will be replaced by a new regulatory authority. A not-for-profit distributing company – the community interest company – will also be created for social enterprises.
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory