LATEST NEWS

July 2021
Charity
Banding method VAT scheme for churches and cathedrals

Cathedrals and churches that have commercial operations that enable them to reclaim VAT will use the banding method, also known as apportionment of tax by cathedrals and churches.

January 2021
Charity
Fund accounting basics

Types of funds and examples of how the best to approach managing them. Fund accounting and reporting is a unique requirement for not-for-profit organisations and is one of the differences between charity and commercial business financial reporting.

December 2020
Charity
Cloud accounting and payroll software for charities

Charities face the same regulatory pressures as commercial organisations but, in addition, must also deal with complex sector-specific reporting requirements intended to demonstrate good stewardship to supporters and regulators alike.