Running from 2 to 6 November 2020, Trustees’ Week showcases the vital role of charity trustees. This annual event highlights opportunities for people from all walks of life to get involved and make a difference.
Financial sustainability is always a key driver for charities, but particularly in a time of crisis. The charity sector has experienced many of the same pressures as everyone else during the Covid-19 pandemic but it also faces some challenges, which are unique to the sector. These include the impact on sources of funding including fundraising events, increasing demand for services and the need to think creatively to continue to deliver to beneficiaries.
Understanding and accurately reporting your charity reserves is an important way of helping your charity remain resilient.
In what has been a very difficult year for the charity sector, this is more important than ever.
Cycling to work is being encouraged more than ever, as not only is it better for the environment but it is an alternative to public transport. But what if you don’t have a bike or your bike is past it and you can’t afford a new one? The Cycle to Work Scheme could be just right for you and your employees to help mitigate the cost for all.
A remote audit may be a safer and easier option for your business during the Covid-19 pandemic. The Government has issued guidance on remote or virtual auditing to help businesses remain compliant and Thomas Westcott is happy to offer a remote audit.
Last year, in an article called Company van tax: when is a van not a van?, I explained that in a recent tax case both the First Tier and Upper Tier Tribunals had found in favour of HMRC when concluding that a VW Kombi van was a car and not a commercial vehicle. At that time, a Vauxhall Vivaro van was still classified as being commercial.
There are advantages and disadvantages to incorporating a business. These should all be carefully considered before making a decision.
Many businesses start off in a small way. There does come a time, however, when thought has to be given to the most appropriate structure through which to operate a business. Should you continue to operate as a sole trader or a partnership, or should it operate through a corporate structure, most typically a limited liability company?
National Savings & Investments, the deposit institution backed by HM Treasury, has announced that it is cutting the interest rates on some of its more popular products.
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