NEWCASTLE accountancy firm Robson Laidler has announced that it is well ahead of schedule to hit its ambitious target of raising £100,000 for local charities before 2020. The CSR team have confirmed that they have already reached £82,600 within only two years of setting the challenge and have helped over […]
Legal structures for charitable organisations are changing. Learn about ‘Charitable Incorporated Organisations’ here…
After considerable delays, the Government has at last produced secondary legislation which will enable corporate charitable companies to convert to become charitable incorporated organisations (“CIOs”). CIOs now account for over 50% of all charity registration. There have been approximately 8,000 new CIOs registered since the introduction of this new legal […]
A social enterprise is a commercial business that helps people or communities. SITR is the tax relief that investors can claim in respect of investments they’ve made in social enterprises. It will be in place for investments made, or capital gains arising, in the period from 6 April […]
A brief summary of today’s announcements as they affect Charities: Gift Aid The government wants as many eligible donations as possible to attract Gift Aid, and will establish a new working group to revise the model Gift Aid Declaration to make it easier to understand, and to develop new […]
HMRC have updated the guidance for charities on the Fit and Proper Persons Test. This guidance is for trustees of charities (including directors of corporate trustees), directors of corporate charities, any employees of a charity and volunteers who: act on behalf of a charity are involved in appointing people […]
Planned changes to national insurance contributions (NICs), that will cut the costs of every business and charity employer by hundreds of pounds, have moved a step closer. The National Insurance Contributions Bill was introduced in the House of Commons on 14 October. It is anticipated that it will become law in […]
This might seem like a strange question. Clearly they have little in common?! Well it’s not as little as you at first might think. Two of our accountants Amy Park and Michael Smith are taking part in a Children’s Foundation Abseil Challenge this coming weekend. The funds raised will in […]
HMRC are advising certain charities to sign up to its new online Gift Aid system. The last “old style” forms will not be accepted after 30 September 2013. According to HMRC, more than 19,000 charities have already signed up to Charities Online. Since the online process was launched 22 April […]
Deciding what income needs to be brought in to the Statement of Financial Activities (SOFA) continues to be difficult for many charities. There are several factors to consider and this is an area that is difficult to get right. There are three main criteria that need to be considered before […]
