- 09 & 24 May 2012
Various UK locations
Understand trading income for charities, consider the legal and financial issues to help minimise risk, and hear from the experts on tax and trading subsidiaries.
Why you should attend
Trading income is an increasingly important part of the total income for many charities, especially given the current economic climate. From the sale of Christmas cards and the operation of cafes, to charging fees for training and delivery of public services, it can represent over half of income to charities (Charity Market Monitor 2011). While there are many benefits to developing income from trading, it also has its challenges and hidden traps, meaning a full understanding of trading is imperative to minimise risk. This event will provide clarity on:
- What is charity trading?
- Charity law restrictions on trading activity
- Taxation of charitable trading profits and its implications, including direct tax and VAT
- Need-to-know information for anyone setting up a trading subsidiary, including shared premises, facilities and staff.
Dates, times and venues
Event programme
Speakers
Abbie Rumbold
Partner, Bates Wells & Braithwaite (London only)
Abbie Rumbold is a highly regarded charity lawyer with a particular expertise in social enterprise. Having been seconded to the DTI to work on the Community Interest Company legislation and having drafted the model constitutions, she continues to have an active role in its development, recently registering the 1000th CIC, a health care social enterprise.
She edited the 2006 edition of Keeping It Legal, wrote the ACEVO Guide to the Legal Status of Charity Chief Executives and contributed to Charities: The New Law on the new Charities Act as well as writing numerous articles. She was a member of the CLA working party on the Companies Acts and, by ministerial appointment, a member of the Office of the Third Sector Advisory Board. She is chair of trustees of Missionfish (which operates eBay for Charity).
Her client work has included registering the first charity for the promotion of ethical investment (Fair Pensions), advising on the establishment of a new fair trade business for the founders of Café Direct and advising on social work mutuals, a pilot project for the DfE. She is recommended by Legal 500 both for her work in the health care field and in the charity and social enterprise sector.
Alice Faure Walker
Consultant, Bates Wells & Braithwaite (Sheffield only)
Graham Elliot
Graham leads the haysmacintyre Value Added Tax team, and also advises on Gift Aid and Stamp Duty land tax. He became a chartered tax adviser in 1995, and gained an MBA in 2000.
Whilst covering all aspects of VAT, Graham works extensively with education and charity clients. He is experienced in negotiating with HM Revenue & Customs to produce the best possible outcome for clients. He contributes a monthly VAT briefing to Accountancy, the magazine for Chartered Accountants, and writes frequently for the charity technical press. Graham is frequently called upon by the Charity Tax Group and the Charity Finance Directors Group to provide help in their work on developing charity VAT policy. Graham recently won Taxation’s ‘Tax Writer of the Year’ Award 2011.
James Tarleton
James joined the British Red Cross in 2009 as Business Support Manager for the retail division, and moved to his current post as Head of Fundraising Finance in 2010. Prior to joining the British Red Cross, James worked for Mencap and Arts Council England.
Costs
Charity and Voluntary Sector Group members
£95.00 + VAT
Join the group* and attend the event
£65.00 + £70.00 + VAT
£110.00 + £70.00 + VAT
£145.00 + VAT
£190.00 + VAT
*Includes subscription to the Charity and Voluntary Sector Group until 31 December 2012. To join the group and access your discounted rate, call +44 (0)1908 248 159 for more information.
A special rate of £70.00 + VAT is available to those members of the Charity and Voluntary Sector Group working in a charity. To take advantage of this offer, please call +44 (0)1908 248 159.