Back to Publications Archive

haysmacintyre PIMBs Autumn Briefing 2017

21st November 2017

With so many challenges facing membership organisations, Tom Wilson, a new partner in our professional institutes and membership bodies team, looks at some of the key messages from the PARN Financial Benchmarking Survey that was launched in October. He also considers developments in international offerings by membership bodies.

Our employment tax team provide an update regarding gender pay reporting requirements, changes in employment tax legislation regarding termination payment and the impact of making tax digital for VAT.

Another recurring challenge within the sector remains incidences of fraud. We include an article looking at the types of fraud you may be susceptible to and some of the key IT issues that may assist you in preventing some of these attacks.

So far 2017 has seen the introduction of the Charity Governance Code, updates to the Sports Governance Code and confirmation that the Financial Reporting Council will consult on changes to UK Corporate Governance Framework. We have summarised these changes in articles throughout this Briefing.

In our financial reporting and regulatory section we consider key areas which may impact you over the next 12 to 18 months, such as changes in International Financial Reporting Standards as well as FRS102 updates. We also consider how the Financial Reporting Council recommends reporting can be improved. While the first figures on the use of the Financial Preference Service have been released that show 3,178 individual registrations to the service and 7,145 suppressions reported to charities at the end of August, we consider the new fundraising regulations.

Lastly before you dive in, many of you will have started paying your Apprenticeship Levy and will be considering how you can use apprentices within your organisation. It is also worth considering how this may be impacting members or their businesses or even how you can develop your membership offering. The Education and Skills Funding Agency has issued guidance on how to register and use the apprenticeship service as a training provider. This guidance includes how to set up an apprenticeship training provider account, manage and approve details of apprentices and how to manage payments using the Individualised Learner Record (ILR) returns. Further information can be found at

Details of our up and coming events for the sector have been included on the contents page of this briefing.

If you have any feedback on this edition of our Briefing or wish to discuss any of the matters raised please do contact one of our team or myself using the details below:

Kathryn Burton, Partner
T 020 7969 55415 E

Download this publication