'Light touch' will reduce trust in charities, says Navca chair

By Andy Ricketts, Third Sector, 19 March 2008

Charity Commission plans to raise the financial threshold at which charities must submit financial accounts could result in more fraud and threaten public confidence in local organisations, Navca has warned.

The umbrella body has written to the regulator as part of a consultation on raising the income levels that trigger certain obligations for charities, including filing annual trustees' reports and independent verification of their accounts. The commission is proposing to increase the annual income threshold for these requirements from £10,000...