SocietyGuardian.co.uk | Society | Charities face fines for late reports: "Charities face fines for late reports
Debbie Andalo
Thursday October 28, 2004
Charities could be fined in the future if they miss deadlines for preparing their annual reports and accounts for the Charity Commission, according to proposals the commission is drawing up to give itself tougher powers.
They could also face further financial penalties if they fail to meet other 'compliances' which the commission, in consultation with the Home Office, is still in the process of defining, the chairwoman, Geraldine Peacock, revealed today.
Ms Peacock said that this year 13% of the top 200 charities had failed to submit their reports and accounts on time, a figure which she described as 'shocking'. "
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