Government changes mean companies won’t have to report on charitable giving

Government changes mean companies won’t have to report on charitable giving: The government is to remove regulations which require some companies to report on their charitable donations, arguing that such reportage is a burden and does not improve giving levels.

Regulations within the Companies Act 2006 which ask that companies declare charitable donations worth more than �2,000 are to be dropped following a motion passed in the House of Lords last week. The Directory of Social Change, which compiles annual data on company giving, has blasted the move, arguing that stronger – not less – company reporting on giving is necessary.