CIC Association

Serving Community Enterprise


Latest Activity

Profile IconFiona Heckels, Christina Solomi, Carolynn Clarke and 2 more joined CIC Association
10 hours ago
Kiean Glynn replied to Subrata Saha's discussion writing funding application and secure funding
"Hi Subrata Please could you add me as i would like to discuss your services thank you Kiean"
11 hours ago
Heidi Fisher posted a status
"Would you love to promote your CIC to 120 CICs? Book a stand at the CIC event in Sept via Select CIC stand - Just £40"
13 hours ago
Heidi Fisher replied to katie cambridge's discussion Directors renumeration in the group Accounts Group
"Hi Katie, it depends if the payment is for your role as Director or for delivery of projects/activities/services.  In your role as Director you can only take this as salary through PAYE and would need to register with HMRC as an employer.…"
13 hours ago
jane elizabeth brook commented on jane elizabeth brook's status
"Hi John. Sorry for delay in replying. Its a private company limited by guarantee. I think we have the articles version that's for small businesses (we were 4 Directors, now 3). It says that Members are the Directors. I am trying to get my head…"
katie cambridge added a discussion to the group Accounts Group

Directors renumeration

Hi there,Touch wood, our CIC will be in a position to pay us a small income (8k) from next month. My accountant has suggested that (when we get a salary) the 2 directors would be essentially subcontractors paying tax through self assessment. I have read something elsewhere about PAYE which I know nothing about as I have always been self employed and which I have promptly forgotten. Can you help with where to get detailed advice as to how we should be moving forward and what systems we need in…See More
katie cambridge joined Heidi Fisher's group

Accounts Group

For any accounting related queries, including accounts software package questions, grants and trading income treatment, HMRC or Companies House queries/issues, tax reliefs for CICs, links to useful finance information etc
Profile Iconkatie cambridge, Sashon Samuels, Karen Hamlin and 2 more joined CIC Association


£240m health contract awarded to CIC 1 Reply

Started by John Mulkerrin in CICs in the News. Last reply by Eoin Heffernan Aug 15, 2015.

Barlinnie inmates to build Glasgow social housing through £2 million CIC Bond 1 Reply

Started by John Mulkerrin in CICs in the News. Last reply by Catriona Nason Nov 15, 2015.

CIC offers new 50% SEIS tax relief to investors

Started by John Mulkerrin in CICs in the News Apr 18, 2013.

Association Logos for CIC members 3 Replies

Started by John Mulkerrin in Introduce yourself. Last reply by gary strang Oct 25, 2012.

Blog Posts

Peoples Millions finalist!

Fantastic news! - Horses Helping People CIC in Buckinghamshire have won through to the final round of ITV's The People's Millions, where worthy projects compete for public votes to win a cash donation of £50,000 from the National Lottery Big…


Posted by Debbie La-Haye on October 31, 2013 at 23:18 — 4 Comments



From Funding Central


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