Covid-19 update 4 (for Charities). Tuesday 24th March 2020
The Office of the Scottish Charity Regulator (OSCR) has advised the following; AGM’s – OSCR advises; “It may be that by postponing your AGM, you are not fulfilling what it says in your governing document. However, we would be understanding and proportionate about that. We would still ask you to send as much as you […]Read More
Covid-19 update 3. Friday 20th March 2020
The Chancellor of the Exchequer has just held a press conference today, 20th March 2020 at 5:00pm. Here are the details he had just announced. Employees Wage support 80% of an employee’s wage up to £2,500 will be paid if the employee was retained (was going to be made redundant) this will be backdated to […]Read More
Good Governance check up
The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation and has excellent free resources to help you with regard to good governance of your Charity. You can also use this informtion for CASC’s (Community Amateur Sports Clubs). They have released some excellent “check ups” in plain language to help you. Here […]Read More
Churches and trading
What activities do you church trustees consider a trade? What income types of trading are thereexemptions available? There are two key issues to be addressed; 1. whether the activity is an activity of the church or 2. some other organisation however informally established. A good rule of thumb is that if the activity is under […]Read More
Data protection for payroll (GDPR)
GDPR or data protection laws starting 25th May 2018 for payroll will change communication between employers and employees. This will apply to all businesses – no matter how big or small as follows; You can’t do this anymore; – Send/receive emails to/from staff about matters to do with them personally – Staff to email you […]Read More
Are you ready for the increase in pension rates ?
From the 6th April 2018, auto enrolment pension rates are going to increase. It’s important that you’re ready for these contribution increases so that the correct amounts are deducted from your payroll at the right time if you are employer. If you are an employee, you will be paying higher contributions so you need to […]Read More
New Scottish tax & marriage allowance.
By 67 votes to 50, Holyrood (Scottish Parliament) has a new income tax regime. It is more complicated than the rest of the UK in that it has four extra rates and three new thresholds. (SRIT = “Scottish Rate of Income Tax”) On closer examination, there is one of the minor unintended consequences. Marriage Allowance. […]Read More
HMRC vs BBC in IR35 case…ouch ! (this is about contractors with companies)
HMRC has defeated Christa Ackroyd, a BBC presenter in the first IR35 ruling since 2011. The tribunal ruled the TV personality’s contract was caught by IR35 and landed her company with a £420,000 bill! This judgment is the first of a number of IR35 appeals involving television presenters who operated through personal service companies, following […]Read More
What is “Making Tax Digital”?
What is “Making Tax Digital”? Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the whole process of administrating tax simpler and more efficient. All of your tax information will be in one place (your digital account) and you will be able to pay tax based […]Read More
Automatic enrolment doesn’t end with a declaration of compliance
So, you’ve assessed your staff, put them into a workplace pension, and declared your compliance. But automatic enrolment (AE) doesn’t end there, and neither does your responsibilities. There are still legal duties that need to be completed – automatic enrolment is an ongoing responsibility even after the declaration. Every time your run their payroll, their […]Read More