It's 7:59pm on Wednesday 22nd February, 2012

Charities need spirit of collaboration

If interest rates continue to be at the bottom end of the scale, which it appears they will be, then this is going to continue to have an impact on certain parts of the charity sector, particularly charitable foundations which depend on investment income to provide funds for distribution. Add to that the lack of [...]

Posted by
Tracey Johnson
in
Advice for Charities
On December 21 2011

What to consider in a charity merger

Tracey Johnson, partner and charities specialist at Moore and Smalley Chartered Accountants and Business Advisors, identifies crucial issues that must be taken into account by charities considering a merger.

Posted by
Tracey Johnson
in
Advice for Charities
On July 15 2011

Gift Aid on admissions and membership subscriptions

According to recent figures charities received nearly a billion pounds from Gift Aid last year. However, it is apparent that many charities are still not reclaiming the full amount of Gift Aid they are entitled to. This article focuses on where your charity can qualify for Gift Aid on admission fees and membership subscription. Admission [...]

Important changes in charity reporting requirements

Finding your way through the minefield that is charity financial reporting has never been simple, but with the full implementation of both the Charities Act 2006 and the 2006 Companies Act in the last year, requirements have changed yet again. Do you know on what basis your charity’s accounts need to be prepared, which regime [...]

Is grant money subject to VAT?

Sooner or later every charity will seek “G” (grant) money and must decide if it is vatable. The unexpected loss of VAT from a grant can be a huge blow so care taken at the start can be repaid many times over. Always ensure all grants applied for are “£x excluding VAT if applicable” to [...]

Why alternative investments could work for charities

As the governor of the Bank of England, Mervyn King recently predicted, Consumer Price Inflation reached 3.5 per cent in January – the fastest annual pace for 14 months – requiring him to write a letter of explanation to the Chancellor. In it, the governor said the inflation rise was ‘temporary’ and he anticipates this [...]