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Restoring public faith in charities


According to independent research, public faith in effective charity regulation has dropped from 65% in 2015 to 58% in 2017.  Good charity governance is therefore an area under increasing scrutiny.  The ‘Charity Governance Code’ (‘the…

Cash flow – the secret to SME success


As obvious as it may seem, the success of any business relies on it making money. The major cause of business failure for SMEs in the UK is poor cash flow management. But how do…

Protecting against charity fraud


Fraud and financial crime is one of the most common types of abuse for charities. The scale of the cost of charity fraud in recent years is estimated to be between £150 million to £2…

Reporting serious incidents


The Charity Commission believes that there is significant under-reporting of serious financial incidents which put charities at potential risk of further harm, including reputational damage. Following a consultation, new and improved guidance has been issued…

Public consultation on charity annual returns


The Charity Commission has opened a consultation on changes to the content and structure of charity annual returns which will apply to financial years starting on or after 1 January 2018. All charities with annual…

Landlord tax errors – don’t fall foul


A recent survey carried out by a local authority indicated that almost half of landlords had not registered for self-assessment. At a time when local authorities are experiencing severe cuts, unpaid tax on this scale,…

Election impact reflected in ICAEW Business Confidence Monitor


Top ranking business professions running all types of businesses across the UK expressed their deep concern over business prospects in the latest ICAEW Confidence Monitor report. There are however, signs of optimism for an improvement…

Tax efficient life insurance


Many employers offer their employees life insurance cover as part of their benefit package. Although a popular incentive, employers too small to have a group life insurance policy are left with taking out separate policies…

HMRC steps up scope of National Minimum Wage Investigations


Don’t get caught out! A strict penalty regime and negative publicity can be the unwelcome outcome of mistakes involving payment of the National Minimum Wage (NMW). Ask Rob Ennis, our Employment Tax Director, for a…