UHY Ross Brooke Chartered Accountants
VAT is one of the most complex and frequently misunderstood areas of taxation for charities and not-for-profits. From business vs. non-business activities to partial exemption, grant funding, and property transactions, getting VAT right is critical – and getting it wrong can be costly. In this edition of our Ask Our
It’s a year of significant transition for the charity and not-for-profit sector. From the publication of the new Charities SORP exposure draft and changes to audit thresholds, to the growing importance of sustainability reporting and investment governance, there are a host of regulatory and strategic developments shaping how charities operate.
UHY has been named as the leading audit firm for overall service levels in Charity Finance Magazine’s 2024 Audit Survey. We are delighted to share that UHY has been ranked number 1 for overall service levels in Civil Society’s 2024 Charity Finance Audit Survey. This recognition underscores our commitment to
The Charity Commission has issued a warning reminder to large, incorporated charities about changes to the law on preventing fraud. A new failure to prevent fraud offence will come into force on 1 September 2025 for all large organisations, including charities. Who does this apply to? This new offence is
When it comes to auditing, small and medium-sized businesses often find themselves navigating a crowded marketplace of firms promising efficiency, accuracy, and compliance. However, not all audit services are created equal, and the choice of audit partner can significantly influence the quality of the audit and the value it brings
With last week being Charity Fraud Awareness Week, the Charity Commission has unveiled updated guidance to help trustees protect their charities from fraud and cyber crime. This follows the regulator revealing that it opened 603 cases related to fraud and 99 cases involving cyber crime in the past year. Simplified
At UHY Ross Brooke, we believe in making a difference not just through our work, but in our communities as well. That’s why we are proud to support the YNRA (You’ll Never Run Alone) charity run, a special event for an important cause. The YNRA run is no ordinary challenge.
In today’s competitive job market, attracting top talent is more than just offering competitive salaries and perks. Employees, especially those from younger generations, are increasingly looking beyond traditional incentives to find companies that align with their values and priorities. By Chris Davies – Partner This is where voluntary Environmental, Social,
Recent data reveals that nearly half of UK charities are encountering significant problems with banking services. These issues range from difficulties in opening accounts to unexpected account closures, all of which can severely disrupt a charity’s operations. By Caroline Webster – Charities and NFP Partner The extent of the problem
Every day it seems that the news is full of floods, wildfires, heatwaves, melting polar ice caps, or some other natural disaster and consequently it comes as no surprise that success for businesses now goes beyond just financial performance. Stakeholders—including investors, customers, employees, and regulators—are demanding more than profits; they