From 6 April, the partial repayment threshold for High Income Child Benefit charge will rise from £50,000 to £60,000.
Read our summary of the Spring Budget 2024, with changes to National Insurance, Child Benefit and second homes…
A summary of some of the key changes from the Economic Crime and Corporate Transparency Act and how these might affect you and your company…
For charities, public debate, campaigning and political activity must remain independent, impartial and in line with their key purposes.
The Charity Resilience Index, indicates how charities are navigating the current climate with regard to income, demand and operating costs.
From January 2025, digital platforms such as eBay, Airbnb, Etsy and Vinted will have to routinely collect and report sellers’ income to HMRC.
Read our summary of some of the key changes that will affect charities and civil society organisations in the 2023 Autumn Statement.
The Charities Aid Foundation has recently published its latest World Giving Index to identify geographical trends in public generosity.
Read our summary of the NCVO’s UK Civil Society Almanac 2023, sharing the latest data on the voluntary sector’s size, finances and people.
Sole traders & partnerships: If your year-end is not 31 March or 5 April, HMRC is changing how it will assess your profits.
Most charities need public support; therefore, how people interact and think of charities is intrinsically linked to what they can do.
As a result of ‘administrative discrepancies’ by the Department of Work and Pensions (DWP), mothers may have been underpaid around £1bn in state pension. This has occurred due to information missing from the national insurance (NI) records.
In an attempt to slow price rises, the Bank of England has increased interest rates for the thirteenth consecutive time to 5%, the highest in almost 15 years.
Having effective internal financial controls is vitally important for charities of all shapes and sizes. Putting meaningful checks and procedures in place will help ensure trustees protect their charity’s assets and finances, as well as enhancing the quality of their decision making, as they seek to put those assets to work for the public benefit.
The new tax year has begun; this means we can now submit your tax return for the year ending 5 April 2023. The final deadline may seem a way off, but submitting as early as possible is always preferable, so you are aware of any tax liabilities in good time. Here’s a checklist of things you may wish to consider.
