The Government does not support changing £5,000 registration threshold. And its response to two reports on charity legislation says it does not believe charities should be charged for registration or for filing annual returns.
The government does not support changing the £5,000 registration threshold for charities, but does support voluntary registration for charities below that threshold, says its response to two reports on charity regulation.
The response, published today, also says the government does not support charging charities for registration or filing annual returns.
But it backs Hodgson’s recommendation to raise the audit threshold for charities to £1m a year and says it will look at changes to the audit threshold for charities that have a high value of assets – it is currently £3.26m.
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