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!
Thought that I would ask here first.
Has anybody heard if any of the utility companies offer any discounts to CIC companies for gas, electric, Internet?
Thanks for your help.
Added by Graham Willsher on October 6, 2012 at 11:38 — No Comments
Caribbean4life CIC (Community Interest Company) is an innovative UK company established in 2007, for the purpose of promoting social enterprise and community business development support at all levels.
This is an invite to the Caribbean Trade Conference 2012.
The event is being held at the Hyatt Regency Hotel, Broad Street, Birmingham, on Tuesday 2nd October 2012 and the theme this year is ‘Moving from Local to Global’. visit…Continue
Added by Victor Shaw on September 3, 2012 at 13:05 — No Comments
With 5 colleagues I am engaged in and excited to be forming a CIC but I have a couple of queries.
Firstly, the question of asset tranfer .. ee .. or naming another organisation to which any remaining assets would devolve should your own CIC be dissolved.
We would like to name a relevant CIC with similar objects. We are a group of counsellors and our CIC will be operational in the North West in initially at least. Anyone…Continue
EPIK launched its1st competition in May 2012 as an initiative designed to encourage young people, especially those in NEET to engage with computer programming and all things technical in a creative and fun way by making programming attainable and reachable by all as a vocation.
EPIK's annual competition comprises of a £1000 prize fund with a growing list of prizes from our sponsors. Through the Gala event on the 4th September we aim to give youngsters the opportunity to…Continue
Added by Dorine Flies on August 1, 2012 at 14:30 — No Comments
I am just posting this blog to ascertain whether any one out there (particularly West Midlands) runs an organisation that provides persoanl care and support for adults. I know a fantastic young woman who is very disallusioned with the organisation she is working for and wants to work with a forward thinking third sector organistion that really puts the client at the heart of its organiation. Let me know if you have any suggestions. Sue Gazey
Please take time to complete the 2012 CIC Annual Questionnaire, its vital we continue to build a clear picture of the great work we do and the collective challenges we face.
We made a great start with the 2011 survey, but this year we will be able to produce a wider report to complement the data from the…Continue
Added by John Mulkerrin on July 24, 2012 at 14:56 — No Comments
I am in the process of completing my CIC application, and the necessary paperwork. I have a question concerning part 3 of the 'IN01' form regarding 'Statement of Capital'.
What is the best combination of quantity of shares, value of each share, class of shares, and does all of the share capital need to be paid?
Does the amount of share capital have any influence on future funding?
1000 £1 shares, with 50% paid up giving…
I'm new to the association and am looking for advice on the relative merits of CIC for a musical group. Up till now we have been operating as a 'charitable orgisation' but we need the flexibilty of raising funds by performing for money. The company would still like to remain NPO but would like a more professional constitution.
Halfway through our first year already, where has the time gone? Just thought you might like a brief update from Not so Sunny Trevisker St Eval in Cornwall.
We opened our doors during December 2011 with pots of paint and other building materials strewn from room to room. We have tagetted the largest room for immediate community use as our previous communiuty centre had been closed on 8th December. Scouts and Guides alike rallied round and did their bit to help with the transition. …
I have just came out of education to complete a PhD. I want to use the research to assist colleagues in schools. I am particularly interested in improving effectiveness in response to low level disruptive behaviour. My research tools are geared to enhancing teacher's professional development and they represent the core of my 'original contribution to knowledge'. As I have not submitted yet is it advisable for me to protect my intellectual property and licence it to the fledgling CIC or to…Continue
We're looking for advice on completing an application to register a CIC.
Much of the work has been done but we need to talk to somebody in Hampshire
preferably near Portsmouth who can give us half a day to review what we've done
prior to submission. Offers please to firstname.lastname@example.org or phone
01243 389487. We are an environmental group focused on water resources.
Added by Chris Kneale on May 9, 2012 at 11:23 — No Comments
thePeoplesPower CIC will be one of the expert panel on Guardian Voluntary live today between 1 - 3.
The topic is Community buying - but we will try and put in a plug for CICs too!
Hope you have all signed up with…Continue
Added by Mike Shamash on May 8, 2012 at 11:30 — No Comments
Added by Genny Jones on April 19, 2012 at 16:00 — No Comments
February 2012 realised a landmark opportunity for CIC's the Public Services Act 2012 recieved Royal Ascent.
This provides clear direction for Public Sector bodies on how to make a community value count in the procurement and service contract decision making processes.
Charitable Businesses have enjoyed many privileges over the years through the community benefit structure of commissioned services however this was lost under the last administration in the way they…Continue
Added by Mark Trotter on April 19, 2012 at 10:12 — No Comments
We are currently working with various CIC's in the Health and Care sectors, advising them on all matters relating to VAT. If you are an existing CIC in one of these areas or are thinking of setting up then please feel free to contact us for advice.
Looking at the work we do with our existing clients it appears that there may be many areas where VAT is not being correctly treated. This is resulting in a lack of compliance as well as a…Continue
Added by email@example.com on March 29, 2012 at 16:11 — No Comments
HI EVERYONE JUST THOUGHT I WOULD LET YOU KNOW ABOUT PALMS NORTHWEST
WE ARE A VERY YOUNG COMPANY WHO DEAL WITH YOUNG PEOPLE WHO HAVE
OR ARE ON THE VERGE OF COMMITTING A CRIME. OUR PROGRAMMES ARE MAINLY
ON GUN KNIFE AND GANGS. OUR VOLUNTEERS HAVE ALL LIVED WITH THE TRAUMA OF LOSING A CHILD THROUGH VIOLENT CRIME I MYSELF LOST MY DAUGHTER 8 YRS AGO, WHEN SHE DIED IN A FRENZIED KNIFE ATTACK . WE DELIVER PROGRAMMES THROUGH VICTIM EMPATHY AS WE GO TO SCHOOLS, SECURE…Continue
Added by patricia brown on March 28, 2012 at 14:10 — No Comments
Financial & Social Austerity can make our road towards Service Excellence look impassable as Services strive to deliver as much as they can with reduced resources and grapple with increased Health, Wellbeing, and Social pressures - we need to make their journey easier.
Services need to be ‘Accessible’, considered ‘…Continue
Added by Steven J Burnell on March 5, 2012 at 18:42 — No Comments
Well almost. Social Enterprise Magazine reports today that there's potential for business with a social as well as financial return They don't seem to know that it already exists, which is surprising given the effort I made to describe it's impact for the SE 100 index. Here's…Continue
Added by Jeff Mowatt on January 19, 2012 at 12:12 — No Comments
I've heard that funding for CICs is more difficult to attract than for charities (registered or otherwise). At a recent funding fair two stall holders would not touch CICs. As I'm thinking of turning an unregistered charity into a CIC, this weighs against a CIC. The alternative is to register the charity with the Charity Commission and then form a CIC to help support it. Comments welcome to help with a difficult decision.