In our last edition we reported on the reforms set out in the Charities Act 2022 that took effect from 31 October 2022 in England and Wales. CCEW has now ensured that its guidance material has been updated for these legislative changes, in areas such as managing conflicts of interest, making payments to trustees and fundraising. New guidance has also been issued for the first t ...

In our last edition we featured how charities are being affected by the cost of living crisis. Six months on and the financial pressures remain. Recent research published by the Charities Aid Foundation as part of its Charity Resilience Index shows that: 57% of charities have seen an increase in demand for their services over the past year, with charities in the North of Eng ...

Ward Williams Chartered Accountants are delighted to achieve Platinum Champion Partner status with Xero, the global leader in cloud-based accounting software. As part of our strategic direction to offer a cloud based accounting solution, Ward Williams chose to partner with Xero to provide its cloud platform. With intuitive real-time, integrated software, more and more of the f ...

HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023. The VAT portal closed to standard quarterly filers on 7 November 2022, but was kept open for a longer period for those who file annual returns. In emails to businesses and tax agents, HMRC urged all VAT registered businesses to use Making Tax Digital for ...

It is well publicised that the Government is committed to cracking down on tax avoidance and evasion, in order to plug the “tax gap” i.e. the amount of tax that should be paid, according to HMRC, and what is actually paid. HMRC have been sending out a number of “nudge letters” to taxpayers who they feel “may” have paid insufficient tax. These letters can refer to a number of d ...