PIMBs Briefing – Summer 2022

2022 has so far been free of government-imposed restrictions, however individuals and businesses are still continuing to adapt to the post-pandemic circumstances and find their own balance. In the wake of this, with inflation rising to its highest level in decades, organisations are turning towards cost saving measures and reviewing their governance frameworks to ensure they are appropriate for the new world before them.

The case for a robust Equality, Diversity and Inclusion (EDI) strategy has become increasingly important over recent years. Kathryn Burton, Partner and Head of PIMBs, explores the requirements and provides guidance to membership bodies on how and why to report in this area.

After the infamous collapse of Kids Company, the Charity Commission has now been able to conclude its inquiry into the circumstances surrounding this. Vikram Sandhu, Director, explores the key findings and how, nearly seven years later, these findings remain of utmost importance for all Boards to consider.

Nick Bustin, Employment Tax Director, provides his latest thoughts on the Health and Social Care Levy, providing answers to some of the more common questions from membership bodies and an insight into an option to mitigate the impact of the Levy.

A large number of membership bodies are also registered charities, who will be impacted by the new Charities Act 2022. Guest authors Laura Soley and Alice Faure Walker from Bates Wells provide insight into the key changes.

Rakesh Vaitha, Senior Manager, reflects on the importance of IT General Controls, and Elena Ramkalawon, Partner and Head of Outsourcing, looks at why organisations may consider outsourcing, and whether now is the right time to do so.

There are a multitude of challenges arising from Russia’s invasion of Ukraine, and Samantha White, Content Strategist, memcom, looks further into those impacting member organisations and the steps that can be taken.

My thanks to those who contributed articles and insights to this publication. We look forward to seeing you, in person or virtually, at upcoming events in the latter half of 2022.

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