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Hi TJ - you're thinking of Charitable TRUSTS which are, indeed, set up for often the sole purpose of distrubuting funds for good causes. These also have to get their funds from somewhere, ie they are funded, from legacies, fundraising activities etc. The trusts usually have it laid down in...
Hi. We had a similar thing last year when I had to become very familiar with CIS in about an hour!
We're a Ltd Co but not big enough to qualify as a 'contractor' under CIS so are treated as a sub-contractor by certain commercial clients. So, we registered as a sub-contractor. I then altered...
Hello.
Yep, there's no catch. I just had to complete it and thought a spreadhseet would do the job quicker and better, so I made one.
If you'd like a copy of the file, just reply to this post, or email me and I'll send it to you.
I won't nag for anything, this isn't a sales pitch - it's...
OK, letter written & sent inviting him for a meeting to "discuss the issue".
Thanks for everyone's help, we just want to do what's equitable for both parties. I don't think he's the type of guy who'd be running off to tribunal so that's not my main concern, but it's a case of being fair for...
Thanks Sandra.
On his 'Employee info' form (like an application form) he stated that he had no long term health issues which would affect his ability to do the job. The form also asks if there are any adjustments that would need to be made in order to facilitate him doing the job - he answered...
Hi Karl, thanks for replying. In answer to your questions...
Reason for absence is "shoulder injury"
We had, in our first week back (w/c 7.1.13) purchased a shoulder brace for him which arrived on 16.1.13 (he worked 14th & 15th). He was off sick in this week, (covered by the 1st 7 days thing)...
In the main, charities don't fund, they are funded. Forward thinking charities may get involved with trading opportunities if there is a return in it FOR THEM. CIC's can offer some profit distributing opportunities to individual investors, but that implies that there is a profit to distribute...
I set up the first CIC in Scotland with a fairly unique (but elegant) structure for the non-profit distributing sector. It was essentially a Co. Ltd by guarantee within a charity and only through the CIC structure could it be done.
The CIC had 2 classes of shares; Investment and Management...
As someone who was a charity CEO in a previous life... don't go for the obvious. Look at your local charities and don't just go for the national "wide eyed fluffy child" ones - be creative. You can get a lot more bang for your buck with a local charity where £500, for example would get your...
Hi there,
We did this same thing in 2011 when the, then, accountant told the MD that he may as well go bankrupt because the VAT fines would cripple him anyway... absolute pish! As the Ltd co we didn;t go anywhere near the threshold for at least another 9 months.
The main problem we've had, and...
Firstly, we're not as nasty as the thread title implies!
We are a very small tree surgery company with just 5 employees: 1 director/surgeon, 2 f/t tree surgeons, 1 p/t (15 hrs/wk) groundsman and me (everything other than tree shimmying!). The on-site work is very physical involving climbing...