IR35 – Change Ahead?
Over the last months, there have been several tax tribunal cases involving IR35 contractors – is change ahead?
30 July 2018
Articles
Income or Gains From Abroad?
There are new tough penalties on the horizon for UK taxpayers who haven’t told HMRC about foreign income or gains on which UK tax may be due.
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.
1 June 2018
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 …
Hot Topics – Charity Newsletter Summer 2018
Safeguarding the Vulnerable Following the Oxfam scandal, all three charity regulators have highlighted the importance of safeguarding vulnerable beneficiaries, employees and volunteers through various publications, news alerts and updated guidance. The recurring theme is that trustees should proactively safeguard and promote the well-being and welfare of their charity’s beneficiaries. Trustees are accountable and responsible for …