Charities SORP

Editor News

The Charity Tax Group has highlighted that the Charity Commission and OSCR are inviting comments (until 4 April 2018) on amendments to the Charities SORP which are considered necessary because of the changes made in December 2017 to FRS 102. These changes include the clarification of the accounting treatment for payments by subsidiaries to their charitable parents that qualify for gift aid. Read more here.