New rules on payslips for employees and workers

From 6 April 2019 all employees and workers, including agency workers and those on zero-hours contracts, must receive a written, printed or electronic payslip. The payslips must be itemised and include specific information including a breakdown of the hours worked, the gross and net salary and the amounts deducted and the reasons why.

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Making Tax Digital for VAT now in force

From 1 April 2019, most VAT-registered businesses in the UK with a turnover above £85,000 must sign up to keep and file digital records following the introduction of Making Tax Digital (MTD) for VAT. HMRC figures have revealed that 100,000 businesses have already signed up to use the new service. HMRC has confirmed that it will take a light touch approach to issuing penalties for non-compliance as long as a business takes reasonable steps to comply with the new MTD requirements.

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SMEs to have easier access to government contracts

The SME Action Plan will unlock opportunities for smaller businesses to access government contracts as part of a £35 million promise.

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VCSEs: a bidder’s guide to working with government

The Office for Civil Society, with support from the Cabinet Office has written a guide for voluntary, community, and social enterprise (VCSE) organisations considering selling to central and local government or becoming part of the supply chain for delivering public services. The guide, commissioned by the VCSE Crown Representative, Claire Dove OBE, supports organisations to understand the market, assess their options, find opportunities and bid for contracts.

Bates Wells Braithwaite free webinars exclusive to Social Enterprise members

Throughout 2019 Bates Wells Braithwaite will be delivering a series of webinars free and exclusive to Social Enterprise UK members.
Proving both legal and consultancy services, Bates Wells is widely recognised as the UK’s leading specialist adviser to social enterprises, with a track record of high quality, practical and cost effective support.

Further details

Small Charities Coalition launches charity set-up tool

The tool, charitysetup, helps to guide people through the process of setting up a charity and to register with the Charity Commission.

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Small Charities Challenge Fund

The Small Charities Challenge Fund (SCCF) is open to small UK-registered charities and not-for-profit organisations. Grants of up to £50,000 are available for projects of up to two years.

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July deadline confirmed for first MTD filings

HMRC has confirmed that the first quarterly filings for Making Tax Digital (MTD) for VAT will be due from 1 July 2019. HMRC has also confirmed that a soft penalty approach will be taken until at least April 2020, after which a points-based penalty system will be introduced. Under the system taxpayers will incur points if they fail to submit a return on time, with financial charges resulting once a certain threshold is reached.

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Social investment tax relief “not fit for purpose”

A report from the Social Investment Business says that in the first three years after its introduction in 2014, only £5.1 million of deals were negotiated, while the Treasury predicted £83.3 million.

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Delay to post-Brexit regional funding model slammed

Delays in drawing up a model to replace the EU funding targeted at UK regions are causing “tremendous anxiety” for councils and charities.

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