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MSI Global Alliance moves to haysmacintyre offices
The world’s eighth-largest professional services association, comprising over 250 legal and accounting firms, will be based in the offices of top-30 accountant at 10 Queen Street Place, London
Questions to ask… about charities and Corporation Tax
Most of the income and gains received by charities are exempt from Corporation Tax, provided that the money is used for charitable purposes. However, there has been a recent trend in charities seeking to diversify their income streams by providing their services for a fee or trading outside of their original objects. If charities undertake […]
VAT partial exemption simplification update
Simplification In July 2019, the Government launched a call for evidence on the simplification of the VAT partial exemption and Capital Goods Scheme regimes. Many Financial Services businesses were hoping that this would result in simplification of a very complex area of compliance – unfortunately, the outcome announced on the inaugural ’Tax Day’ on 23 […]
Questions to ask… about financial controls in your shops
Shops provide a key income stream for many charities. The success of shops is often dependent on volunteers, which can present challenges when implementing financial controls. Our factsheet covers several areas trustees and management should consider.
haysmacintyre enhances charity team with Director promotion
Vikram Sandhu appointed as Director RI to leading charity advisor team
Questions to ask… about your charity’s financial governance
Good financial governance is vitally important for your charity’s success. Policies and procedures should be robust and your strategy should be reviewed frequently. Each trustee should ensure that they have a good understanding of the charity’s finances so that decisions are made collectively. The internal and external environment rarely stands still, so you should consider the answers to these key questions on a regular basis.
Questions to ask… about online payments
Despite an increased focus on fraud prevention over the past few years, a significant number of frauds committed still occur as a result of poor controls for online payments. It is important that all trustees and staff understand the controls in place and ensure segregation of duties wherever possible.
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