Tax treatment of grants
We are frequently asked about the tax implications of grants and donations. Check with us as to the status for VAT of your grants, as getting it wrong can be costly.
Charity Commission News: Are all your trustees accountable?
Charities are set up for a variety of reasons, and founders have the motivation and vision that drives it forward. Sometimes however, founders have difficulty leaving the ‘driving seat’.
The revamped Harris Accountancy newsletter
Subscribers to our monthly newsletter will notice a change to the format of the emails you receive. We hope that you find the new options and layout of our newsletter more user-friendly.
New SORPs Published
A SORP is a Statement of Recommended Practice. SORPs provide recommendations for accounting and reporting, in particular, how accounting standards should be applied in the context of particular sectors.
Social Investment Tax Relief
The Government introduced the Social investment tax relief in Finance Bill 2014 to kickstart social investment in the UK. The relief has been introduced following consultation last year.