Charities in Scotland face a more proactive monitoring regime after the results of a public consultation by the Office of the Scottish Charity Regulator.
Charities will be issued with an annual return in April this year, and they will have to submit it within three months. From April 2006, all charities will have to complete a basic annual return and submit accounts, but charities with income of more than £25,000 will have to complete a more detailed "monitoring return".
OSCR chief executive Jane Ryder said: "This is a new development for the sector, and charities will now engage with OSCR on an annual basis.
"I am confident we have the right balance between information required by the regulator and not creating unnecessary burdens, particularly on small charities."
- Phased introduction of first monitoring programme for Scottish charities
- Annual return to be issued to all charities in April 2005, to be submitted within three months
- In April 2006, charities with income above £25,000 will have to complete a more detailed monitoring return.