Corporate Criminal Offence

By Stephen Mathews | 24 March 2020

2017 saw the introduction of a new Corporate Criminal Offence of “failure to prevent the criminal facilitation of tax evasion”.

It is intended to prevent executives who help others to evade tax hiding behind company protection.

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Converting a Charitable Company into a CIO

By Stephen Mathews | 24 March 2020

Regardless of size, any charitable company is now able to convert into a Charitable Incorporated Organisation (CIO).

Because for a company this is simply a change of structure, the organisation retains its “corporate personality” but is no longer required to follow Company Law regulations. 

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Partnering with Your Donors: How to Help at the End of the Tax Year

By Rachel Steeden | 24 March 2020

Sunday 5 April 2020 marks the end of another tax year. 

Many of your donors will pay all their tax at source (for example through PAYE on employment earnings) and will not need to complete a tax return. However, your donors may need to complete a self-assessment tax return if (for example) they are self-employed, they have income not taxed at source, or they wish to reclaim higher or additional rate gift aid. 

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Probably No Trouble Ahead. But...

By Kevin Russell | 24 March 2020

Our previous article, ‘There may be Trouble Ahead!, alerted churches and charities to the possibility of having to register with HMRC as part of the ‘Trusts Registration Service’ (TRS).

This comes about as a result of implementation of the 5th Money Laundering Directive (5MLD).

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Organisational and Workplace Culture

By Alan Hough | 24 March 2020

In a departure from its normal practice, a recent Charity Commission’s enquiry into Save the Children focused solely on matters of employment and workplace culture.

At its heart was the way that the charity dealt with allegations of sexual and other forms of harassment made against two members of its senior management.

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Fundraising Regulator – 7 Helpful Facts

By Andrew Cusdin | 24 March 2020

Earlier this year, Stewardship registered with the Fundraising Regulator. We thought we’d take this opportunity to share 7 helpful facts that we learnt when signing up to the Code of Fundraising Practice.

Fundraising covers many different types of activities from receiving gifts as a church, to undertaking special events like a sponsored walk and even talking to potential donors about legacies.

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Updates from the Charity Commission

By Stephen Mathews | 30 September 2019

 

The Charity Commission continues to publish inquiry reports where it has investigated weaknesses in charities. Here we highlight just two. The first deals with apparent failures in accountability and financial administration; the second has similar themes also incorporating significant payments in cash and payments made to trustees.

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Charities SORP governance review 2018/19

By Stephen Mathews | 25 September 2019

 

The Charity SORP has been with us for around 35 years, setting out the reporting requirements for charities that report on the accruals basis. In general, it applies to all charities that are structured as companies, all charities with gross income above £250,000 and any other charity that chooses or is required to follow accruals accounting.

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There may be trouble ahead!

By Kevin Russell | 25 September 2019 | Comments (5)

 

When Irving Berlin penned these lyrics, he wasn’t thinking about the burden about to be placed on all UK charity trustees. But the words are strangely appropriate to changes due in a little over 18 months’ time! 

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The role of policies in church life

By Alan Hough | 24 September 2019

 

We are not a business; we are a church! Don’t policies just sit on a shelf or stifle God’s work?! These are some of the comments that we come across when talking about policies and church governance. 

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