In this edition of eNews we explore the Government’s ongoing attempts to simplify and modernise the UK Tax system, and how these are impacting the Not for Profit sector; we highlight live consultations regarding Charity tax compliance and off-payroll workers, and changes already made to Retail Gift Aid Scheme end-of-year letter templates.
We also reflect on two pieces of Charity Commission guidance.
Firstly, the long awaited CC14 investment guidance which is due to be revised in Summer 2023 and which is currently being ‘road-tested’ by a number of charities. Secondly, ‘CC8 internal controls’ guidance which has recently been revised to include important considerations in the wake of increasing numbers of cyberattacks against Charities.
We also draw attention to The Big Help Out initiative, and free webinars available to those considering becoming a charity trustee and for charities seeking to retain trustees
Finally, our Human Capital Advisory team provide an update on holiday pay and entitlement, and the impact that the latest Supreme Court ruling may have.
Click below to read insights from this month's Not for Profit eNews
Cyber attack statistics highlight importance of charities’ internal controlsFull details
Simplification and modernisation of the UK Tax systemFull details
Holiday Entitlement and Holiday Pay – the latest!Full details
Charities and investment mattersFull details
The Big Help OutFull details
Download a copy of the May 2023 eNews edition using the link below:
Not for Profit eNews - May 2023
As ever, if there are any points you wish to discuss further in this issue, please do not hesitate to contact a member of our specialist team.