Not for Profit

Our Not for Profit team explores the opportunities and risks that artificial intelligence brings to charities.

The new charity Annual Return published by the Charity Commission provides insight into current issues and perceived high-risk areas within the charity sector. 

Payroll specialist, Dannielle, considers a recent Supreme Court ruling about holiday pay and what it means for organisations who employ part-year workers.

Good internal processes are key to maintaining good cashflow within your GP practice.

When is it appropriate for a charity to refuse or return a donation?

The Charities Bill received Royal Assent on 24 February 2022 and has been brought into law as the Charities Act 2022.

Giles Kerkham explains how the measures announced in the Autumn Budget 2021 will impact charities and not-for-profit organisations.

HMRC has confirmed that Gift Aid can be claimed on Waived Refunds and Loan Repayments, and that this can be applied retrospectively.

Charities with total turnover above £200,000 can undertake non-primary purpose trading of income up to £50,000 and benefit from tax exemption (trading towards their primary charitable purpose can be at any level).

Charities are associated with giving, but most also actively trade. Charities have no general exemption from tax and pay some taxes at the same rate as businesses. However, there are specific measures that reduce the burden, especially for tax on profits (corporation tax).

How can charities make sure that the right structures are in place to achieve efficient tax compliance?