28th October 2022
This fund will be for established community and social enterprises, to complement our existing blended funds. It is a revolving facility available up to £150,000 that can be drawn and repaid flexibly, as needed for an initial period of up to five years. Any balance at the end of five years then converts into a standard loan, repayable over three years.
20th October 2022
Leeds City Council launched a new discretionary relief from business rates scheme and are keen to target this financial support at Young Businesses and Social Enterprises. This scheme will enable these businesses to access up to 50% off their rates bill, up to £15k per annum.
19th October 2022
What does ‘social value’ mean to charities & social enterprises across the 4 nations in 2022? Is it still the lever for change that many of us hoped it would be – or has that moment passed?
Social Value UK are holding an online event on 29th November 9.30am – 12pm. Book via Eventbrite link: https://www.eventbrite.co.uk/e/social-value-lever-for-change-or-lost-opportunity-tickets-416538205987
13th August 2022
The Charity Commission for England and Wales has released guidance for charities on changes to charity law as a result of the Charities Act 2022, which will amend the Charities Act 2011. The changes will come into force this autumn and throughout 2023.
11th August 2022
Key Fund have been awarded £100m to provide to organisations supporting the youth sector as grants for capital projects.
10th August 2022
The Government has announced that the eligibility criteria for the Help to Grow: Digital scheme have been extended. Businesses with at least one employee, instead of six, are now eligible for support. The scheme provides discounts of up to £5,000 on approved software such as CRM, accounting and e-commerce packages. The scheme will also provide businesses with one-to-one advice on how to adopt digital technology.
10th August 2022
The Government has published new employment status guidance for businesses, workers and those in the gig economy. The guidance covers workers’ rights and clarifies the rights of gig economy workers. It also includes advice for start-ups, micro-businesses and smaller businesses.
6th August 2022
The regulator has released guidance for charities on changes to expect as a result of the Charities Act 2022, which will amend the Charities Act 2011.
The changes will come into force this autumn and throughout 2023, and the Charity Commission will publish updated guidance when the changes take effect.
8th July 2022
The Class 1 National Insurance threshold has increased from £9,880 to £12,570. The change came into force on 6 July and was announced in the Spring Statement.
8th July 2022
The Government is bringing together voluntary sector and finance leaders to address banking problems experienced by small charities. A survey by the Civil Society Group revealed that high street banking didn’t meet the needs of small charities and resulted in charity trustees holding money in personal accounts or keeping cash at home.
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