Most charities remain under constant pressure to grow and protect income alongside the value of capital assets. Ensuring that the real value of income and capital are protected enables your charity to do more and helps to safeguard your future. With other sources of funding under increased threat, income from investment portfolios is playing a… Read More
Round 2: Taking control of growth: how to address the challenges of sustainable growth in 2019 June 2019 Taking control of growth – how to address the challenges of sustainable growth in 2019 was under the spotlight at the latest Growth Academy workshop. Using the idea of ‘learning in the flow of work’ we linked… Read More
The Charity Commission’s key focus over the last year has been to improve public trust in Charities through transparency in both the accounts they file and the story they present. The Commission remain concerned that charities advisers are not reporting “reportable matters” when they arise. Charity Trustees have a duty to appoint an independent examiner… Read More
The Governments’ ambitious programme, Making Tax Digital (MTD), is an initiative to implement fundamental changes to the way the tax system works by becoming one of the most digitally advanced tax administrations in the world. The original plans were to introduce a digital tax system that would require most businesses, self-employed people and landlords to… Read More
A Charity’s structure can often be something that is not revisited by Trustees. The structure that was most suitable when the charitable activities were first set up, may not be the most appropriate format now, as the charity may have evolved and grown in a manner or at a pace that was not originally envisaged…. Read More
Despite the BREXIT fiasco, the UK is still open for business This article was first published in the May / June 2019 issue of C&W In Business, The Coventry and Warwickshire Chamber’s official magazine With the 29 March departure date missed, along with the 12 April deadline, our fate appears to have been deferred until… Read More
The Brexit leave date has come and gone and the future of the UK relationship with the EU is plagued with uncertainty which looks set to continue, with a new deadline of Oct 31 2019. Dafferns are members of AGN International, an association of 200 separate, independent accounting firms in 80 countries across the world… Read More
Friday 24 May and nearly three years after taking office, Teresa May’s time as Prime Minister drew to a close today, as she announced her resignation as Conservative Party Leader early in June. She will however remain as PM until a new Party Leader is selected, possibly sometime in July. I can’t help thinking this… Read More
Saturday 18 May. Do you remember just a few weeks ago, when BREXIT was the only thing in the news for months on end. Now, post Easter the silence has been deafening. When they start moving, events move quickly in the world of BREXIT. I originally wrote this post last Monday and no sooner had… Read More
Part 2 of my BREXIT tax review focusses on Vat, which will be the main tax area impacted by the UK’s impending exit from the EU. The main BREXIT tax focus is on VAT of course, because this is a tax that crosses borders and the UK has been part of a so-called unified VAT… Read More
