Sayer Vincent offers vital support to charities with free webinar programme covering key areas of charity finance

Sayer Vincent, the award-winning firm of charity auditors and advisers announces its 2021 Spring and Summer series of free webinars tailored to support the development of finance professionals in charities and other social purpose organisations.

Covering key areas including Charity tax made simple and Tax for fundraisers – these sessions will be informative and easily accessible and will give attendees practical advice and knowledge that they can use in their roles.

All sessions are delivered live in webinar format with a chair to collate and structure the Q&A section. They include a slide presentation, video window of speaker, live Q&A box and the ability to share other handouts during the session. For those that can’t attend, each webinar will be available on demand for a limited period afterwards.

The charity sector is facing unprecedented challenges due to the COVID-19 pandemic. The PBE Covid Charity Tracker[i] survey revealed seventy-five per cent of charities expect higher demand in 2021, while 83% forecast income decline.

Pro Bono Economics estimates the funding gap between income and expenditure among UK charities could reach £10bn, leading to 60,000 redundancies[ii].

Jonathan Orchard, Partner at Sayer Vincent said, “As lockdown is starting to ease and restrictions are lifted there is light at the end of the tunnel for charities that have struggled during the pandemic. However, the strain on finances will not disappear overnight, and finance professionals will continue being at the forefront of their charity’s recovery.

“During the pandemic we moved our seminar series online which has meant more organisations have been able to benefit from our expertise. Our team will be showing charities how to become more effective in how they manage their finances and achieve the best outcomes for their beneficiaries.

“We are running sessions on charity tax covering the rules, how they apply to charities and common situations charities face. Understanding tax is essential, especially when it comes to fundraising. With opportunities and ideas likely to increase as we move out of lockdown its imperative charities are aware of the rules and possible tax implications.”

Kate Donnelly, Membership Manager, Fields in Trust who attended one of the previous sessions said, “The VAT and gift aid training session was really enlightening and showed me new ways in which we can save money and claim tax back. It was clearly presented and explained; I’d highly recommend it to other charitable organisations.”

Below is the webinar programme for 2021:

 Charity tax made simple – Tax issues are particularly complicated for charities. Sayer Vincent breaks down the key points in a way that is easy to understand

  • 11 May 2021 – VAT: income status
  • 12 May 2021 – VAT: recovery & reliefs
  • 13 May 2021 – Gift Aid
  • 14 May 2021 – Trading & rates relief

 Tax for fundraisers – Looks at practical aspects of managing the tax and VAT aspects of events and other fundraising methods such as membership schemes

  • 15 June 2021 – Gift Aid: the basics
  • 16 June 2021 – Fundraising events (VAT & Gift Aid)
  • 17 June 2021 – Corporate support & membership

For more information and to book onto these webinars visit: http://www.sayervincent.co.uk/events/our-seminars/

[i] https://cfg.org.uk/press_release_economists_sound_warning_over_charity_crunch

[ii] https://www.theguardian.com/society/2021/jan/28/martin-lewis-calls-for-bailout-for-charities-at-risk-of-collapse-due-to-covid

About Lisa Baker, Editor 2291 Articles
Lisa Baker is the Editor of Always Finance, and writes about Business, Finance Technology and Healthcare. Lisa is also the owner of Need to See IT Publishing.