CIC Association

Serving Community Enterprise

Stephen Smith
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Latest Activity

Stephen Smith replied to Nicola Booth's discussion Gift Aid in the group Accounts Group
"Hi Nicola Yes. I think you need to check this with HMRC as I suspect you are no longer eligible to claim Gift Aid as a CIC Better to find out before you claim the tax, than find out later that you have to repay it! Steve"
Jan 13, 2016
Stephen Smith replied to Nicola Booth's discussion Gift Aid in the group Accounts Group
"Hi Debbie If you were also a Community Amateur Sports Club (CASC) you could claim Gift Aid directly from HMRC as CASC's can also be CICs. The only other entities that can claim Gift Aid are charities and you can't be both a CIC…"
Jan 13, 2016
Stephen Smith replied to Jenny Tompsett's discussion Accounting treatment of restricted grants in the group Accounts Group
"Hi Jenny. I find the funder usually asks for a separate report anyway. But if they want it as part of the accounts you could include it as an extra management page at the back of the accounts. This page can then be excluded when filing with…"
May 18, 2015
Stephen Smith 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
Aug 28, 2013
Stephen Smith is now a member of CIC Association
Nov 17, 2011

Profile Information

What is your postcode?
bn21 4pt
Name of organisation (if any) you are associated with?
Plummer Parsons
Is that organisation a CIC?
If you have a website, what is your web address?
Are you interested in representing a CIC at the CIC Association AGM?
Are you interested in working in partnership with the CIC Association?

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