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Charities Bill 2021: Proposed changes to permanent endowment
In the Queens Speech in May 2021, key changes to the Charities Bill were announced based on the 2017 Law Commission review of technical issues relevant to Charity Law. It has been a long time coming, but on 22 March 2021 the Government published its responses to the Law Commission’s report and has accepted the majority of the recommendations. For those charities that hold permanent endowment funds, there are some key changes to note.
HMRC new guidance for football agents
Earlier this year HMRC issued guidance on the payment of football agents’ fees.
Charity and Not for Profit eNews
The latest edition of our Charity and Not for Profit eNews is now available to download.
Office leases: to end or to extend?
Having office space in one of the capital’s most prestigious postcodes has historically typified financial services firms in London. For those businesses in the sector, premises costs generally tend to be the largest overhead after personnel costs. In some cases, office costs comprise as much as 20% of overheads.
haysmacintyre’s head of operations and finance on the industry’s D&I issue
In a recent article for Accountancy Age, Anna Bennett, Head of Operations and Finance, discusses the firm’s work on D&I within recruitment and why it is important to have a workforce that reflects your clients. To read the full article, click here.
Private Client Briefing Summer 2021
Welcome to the latest edition of our Private Client Briefing, which summarises a number of issues and opportunities for individuals, families and trustees.
Employee Ownership Trusts
Whilst the new Mrs Johnson may not be a fan of their furniture, the Government continues to encourage more companies to follow the ‘John Lewis model’ of increased employee ownership. This encouragement comes in the form of the Employee Ownership Trust (EOT) which provides generous tax breaks to shareholders who sell their shares to this specific form of employee benefit trust.
Corporate and Private Client eNews
Click the button below to download the latest edition of our Corporate and Private Client eNews.