Articles

VAT Refund Scheme for Museums and Galleries

Introduced in 2001, the VAT refund scheme for museums and galleries is aimed at supporting the provision of free access to museums and galleries in the UK.

Grants Handout – June 2018

Requirement to Correct Tax Due on Offshore Assets

Extracting Company Profits in 2018-19

Are Pension Tax Reliefs Currently Too Good to be True?

Charity Newsletter Summer 2018

Our Charity News includes useful guidance on keeping vulnerable beneficiaries, employees and volunteers safe. We also consider the impact of the General Data Protection Regulation (GDPR), updates on Charitable Incorporated Organisations and other pertinent issues giving you the inside track on the sector’s current hot topics and latest guidance.

Consultations – Charity Newsletter Summer 2018

Reforming Charity Tax The Charity Tax Commission (the Commission) was established by The National Council for Voluntary Organisations (NCVO) last year in order to undertake a full review of the charity tax system (including business rates relief, Gift Aid and VAT relief). The last review was performed over 20 years ago and since then the …

Accountancy and Tax Update – Charity Newsletter Summer 2018

SORP and Accounting The CCEW and OSCR, who together are the SORP-making body, are inviting comments on amendments to the Charities Statement of Recommended Practice (SORP) following the amendments to UK & Irish accounting standards (FRS 102) ‘Triennial Review 2017’. The changes will come into effect for accounting periods beginning on or after 1 January …

Legislative Update – Charity Newsletter Summer 2018

General Data Protection Regulation From 25 May 2018, the General Data Protection Regulation (GDPR) will come into force. The aim is to bring data protection legislation into line with how personal data is used in today’s world, and will supersede the Data Protection Act 1998. The GDPR applies to ‘controllers’ and ‘processors’ of data. It …