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
Latest Activity: yesterday
If our CIC were to get funding for a solar panel installation, would we need to pay VAT and, if so, at what rate? I understand that for a domestic residence it would be 5%, and for a company it would…Continue
Started by Debbie La-Haye. Last reply by John Mulkerrin yesterday.
I am required to submit our first accounts for a very small CIC, that provides piped spring water to 20 properties. Our income from users contributions for 16/17, was £700 and our outgoings were…Continue
Started by Michael Walton Bell. Last reply by Michael Walton Bell on Tuesday.
Hi, We've been trading since 2010 and have always had a Barclays Business Account but lately they have been completely and utterly unreliable over a range of services, so we have taken the plunge to…Continue
Started by Ripple Brum. Last reply by Ripple Brum Oct 23.
Hello,I'm a Trustee for a small health charity, based in London, and we are considering converting to a CIC. I'm concerned about the VAT implications and am looking for advice around this.Has anyone…Continue
Started by Mufeedah Bustin. Last reply by Consuela Timofte Aug 23.
Add a Comment