Blog Posts

Postponing an AGM

Can I cancel or postpone my charity’s AGM or other key meetings? Coronavirus is having a major impact on charity events and the government’s health advice may lead to some charities having no choice but to decide to cancel or postpone their AGMs and other critical meetings. If as trustees, you decide it is necessary to do so, you should record this decision to demonstrate good governance of your charity. This is particularly important if it is not possible to

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Can I use reserves and restricted funds to help my charity through the crisis?

Can I use reserves and restricted funds to help my charity through the crisis? We understand that many charities are currently very concerned about their financial position. In the first instance, trustees should consider what are their short, medium and longer term priorities, and see if they need to amend their financial planning given their current situation. Trustees are encouraged in particular to think about whether or not certain projects, spends or activities can be stopped or delayed in order

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Government Charity Advice link

This immensely long link takes you to the latest government advice for charities https://www.gov.uk/government/news/coronavirus-covid-19-guidance-for-the-charity-sector?utm_source=44433ef6-9f35-41bd-ab7a-fb775ea7767e&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate It covers the following area and others in the next few blogs: How do I get support to pay my charity staff? The government has announced that organisations, including charities, will get support to help them pay wages. Employers will be able to contact HMRC for a grant to cover most of the wages of their workforce who remain on payroll but are temporarily not working

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Key Workers

The Department of Education has published a full list of roles that the Government considers to be “key”. This is the extract where religious staff and charities are mentioned. Key public services This includes those essential to the running of the justice system, religious staff, charities and workers delivering key frontline services, those responsible for the management of the deceased, and journalists and broadcasters who are providing public service broadcasting.’ I saw a note that all Anglican churches are now

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Further Advice on VAT

Further guidance on VAT The deferral will apply from 20 March 2020 until 30 June 2020. Eligibility:  All UK businesses are eligible, including charities How to access the scheme This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will be given until the end of the 2020 to 2021 tax year to pay any liabilities that have accumulated during the deferral period. VAT refunds and reclaims will

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NIC

We made a mention in our newsletter sent out on the 23rd March that “HMRC waives the first £2,000 of employers contribution”, this is incorrect and would like to correctly advise that HMRC waives the first £3,000 of employers contribution (not £2,000).  And in the budget it announced from April 2020 that will go up to £4,000. People now need to apply every year (should be an option on your payroll software). Thanks to couple of our readers who spotted

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Companies House

Companies House All 4.3 million registered businesses will be able to apply for a three-month extension for filing their accounts due to the coronavirus outbreak, according to Companies House. Anyone affected can remove the risk of facing an automatic fine for late filings. Companies House said: “As part of the agreed measures, while companies will still have to apply for the three-month extension to be granted, those citing issues around Covid-19 will be automatically and immediately granted an extension,”.

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Rent and Rates Relief (for churches) in the current Coronavirus situation

We haven’t yet found any specific Govt guidance on the issue of rents. It’s a case of needing to contact your landlord to discuss/make a plea in the circumstances?  If the charities in question are already receiving small business rate relief, I wonder if they will be eligible to receive a one-off grant via the government’s Small Business Grant Scheme funding being provided to local authorities to support small businesses (and churches/charities?):  https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-businesses-that-pay-little-or-no-business-rates Keep checking in daily.

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