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Katharine Moss

Charity sector update

As there are so many technical developments in the charity sector right now, I thought it would be useful to create some notes for sharing with colleagues. These arise from my attendance at the 2016 ICAEW Annual Charity Conference in November; and also from my ongoing work with charities.

As we approach the Christmas season, I thought we could share my points as a “Christmas Gift” blog post…

John-Paul Hamilton

The Help to Buy ISA is finally here

 

Launched on 1 December 2015, the Help to Buy ISA (HISA) is aimed at helping first time buyers get on the property ladder.

The key features are:

  • Exclusively for UK resident first time home buyers over the age of 16
  • Available for 4 years
  • Once opened there is no time limit on how long the HISA can be kept
  • You cannot have…

Peter Kemp

Is Brexit Worthit? It is what happens next that counts.

 

At a recent National Australia Bank economic seminar I found some interesting forecasts* that neatly encapsulate the economic arguments.

  • UK’s GDP (by 2030) would permanently reduce by 2.2% if it leaves the EU, does nothing  and fails to strike new trade deals with Europe and the rest of the world.

Katharine Moss

Academy Schools - the Register of Interests

One of our frequently asked questions is about the Register of Interests.

Katharine Moss

Charity Audit Threshold

Charity Audits – income threshold increase to £1m for accounting periods ending on or after 31 March 2015.

Katharine Moss

2015 Annual Return for charities

Earlier this month, the Charity Commission for England & Wales (CCEW) published its guidance for the 2015 annual return. This blog outlines some practical action points to consider ahead of completing the annual return. In summary, I recommend planning in advance for these new disclosures by taking a draft of the completed return to the meeting of trustees which approves the annual accounts. This gives visibility about the declarations which are being made on behalf of trustees who must take responsibility for the information being submitted on their behalf.

Jacqui Warner

Critchleys' open day for aspiring accountants 29 April 2015

Critchleys are looking to employ a number of apprentices for different areas of our business. We are asking aspiring 18-24 year old accountants to drop into our open day on Wednesday 29 April 2015 between 10am and 4pm to meet some of the team in our city centre office.

Katharine Moss

Charity sector update / round up

There are some developments in the charity sector which I want to let you know about. I have included links to source documents if you need to know more. Most people in the sector (and outside the sector) are aware that in 2013, the Charity Commission for England & Wales (CCEW) was heavily criticised by the Public Accounts Committee (PAC) and the National Audit Office.

Michael Good

Charity SORP proposed withdrawal of FRSSE version

As you know, the new charity SORPS (FRS 102 and FRSSE versions) are effective for accounting periods beginning on or after the 1st of this month.

Gerry Jackson

Self-assessment 'worst offenders' reminded to get returns in on time

With only a few days left until the deadline for self-assessment tax returns, we are reminding people to get their documents filed on time. It comes after new data released by HM Revenue & Customs (HMRC) revealed that young men aged between 18 and 20 were the worst offenders for returning tax returns on time in 2013, while individuals in the London were the most likely to file their return late.