schools

haysmacintyre appoints Sam Coutinho as a new partner in the schools and education team.

The Budget Summary, put together by the haysmacintyre tax team, provides a brief commentary to help you easily digest the changes and understand what they mean to you or your business.

Charity Finance magazine published the results of its annual audit survey today and we are pleased to announce that haysmacintyre has been voted “best overall service 2011”.

Provided that a charity is acting within its powers, charity law allows it to derive income from a wide range of sources. This publication summarises the principal issues concerning schools' trading activities and considers the use of a trading subsidary company.

This article was published in the winter 2009 edition of our school newsletter.

From April 2011, HMRC is making it compulsory for organisations to file company accounts, tax returns and computations in an electronic format called iXBRL – inline eXtensible Business Reporting Language.

Salary sacrifice schemes offer an appealing way of achieving cost savings for independent schools. Lorraine Owens explains what they are, how they work and investigates the potential benefits enjoyed by staff.

Although schools which are charities are largely exempt from direct tax, it is not uncommon for some income (e.g. non-primary purpose trading*) to fail to qualify for any of the wide range of exemptions available.

In this factsheet haysmacintyre's NFP team discuss the latest VAT position for academies whereby academies can now reclaim VAT on costs associated with educating their pupils, rather than relying on grant funding to cover VAT costs.

Salary sacrifice schemes offer an appealing way of achieving cost savings for independent schools.

This publication explores the mechanics involved in setting up a successful scheme.

Our Academies Team has extensive experience of the issues affecting converting and new academies. This fact sheet demonstrates the services that we offer to academies.

Although academies are charities and are largely exempt from direct tax, it is possible for some income to fail to qualify for any of the wide range of exemptions available.

The fact sheet summarises the principal issues concerning academies' fundraising activities.

The Schools Briefing put together by our schools team, provides an update on means tested bursary awards, salary sacrifice and VAT, employer compliance checklist, the Bribery Act 2010, Gift Aid, national minimum wage and advisory fuel rates.

The Budget Summary, put together by the haysmacintyre tax team, provides a brief commentary to help you easily digest the changes and understand what they mean to you or your business in the schools & education sector.

In order for a building to be defined as a “house”, there must be no prohibition on its separate use or disposal. This has created an interesting situation regarding staff houses which are built on or adjacent to school land.