CIC Association

Serving Community Enterprise

November 2012 Blog Posts (4)

The CIC Dividend Cap Review 2012

Hi All

CLICK HERE for survey

Should we only have one Cap for everything?   A Share Cap of 40%?  Should we allow sweat equity for success? Let the Regulator know your thoughts, it matters to all.

If you havent received your token please email me at john@cicassociation.org.uk with your full CIC name.

Non CICs can access it directly…

Continue

Added by John Mulkerrin on November 23, 2012 at 14:00 — No Comments

Asset Lock

Hi all. Just running through the set-up documents. We have decided to set-up a new CIC CLG and are developing the articles. Is it a requirement to nominate an asset locked body at this stage, or can you look at this at a later date? Will the Regulator reject the application at this stage? Many thanks. Paul

Added by Paul Sherry on November 13, 2012 at 13:47 — 2 Comments

Advice

Hi John. Thanks again for your advice over the last few days. The conversion application will be put together next week and hopefully we will be successful. I am also looking forward to engaging with other members on the blog. Paul Sherry.

Added by Paul Sherry on November 9, 2012 at 12:32 — No Comments

Help with VAT

hi there, would anyone be able to help me with the following matter? 

i am hoping to launch a local business directory and sell advertising space within its pages. 

how would this venture work with regards VAT?

Must i pay VAT on any in-directory advertising space that is sold?

i find HMRC website a bit of a minefield!

 

thanks

Pete

Added by Peter McNab on November 5, 2012 at 11:55 — 2 Comments

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