Making the best of VAT

Photo of person in gallery
18 Apr 2018

Confused about VAT? Uncertain about exemptions? Some of the tax rules can work to the advantage of arts charities, so don’t miss out, says Mahmood Reza.

Support from the right places

Photo of man on trapeze
28 Mar 2018

Out of the Blue has weathered the storm of arts funding cuts in Scotland thanks to its social enterprise model and the support of ethical finance providers. Rob Hoon shares the story.

Direct conversion has arrived

Photo of statue of two people embracing
22 Mar 2018

Charities in England and Wales join Scotland in being able to convert directly to a charitable incorporated organisation. Mahmood Reza explains the different charity structures and the new process.

How to… prevent fraud

Photo of woman on laptop with calculator
25 Jan 2018

Strict internal controls relating to expense claims, cash donations, online banking and financial transactions can go some way to preventing fraud. Mahmood Reza shares his expertise.

Questions added to arts charities’ annual returns

Photo of donations
12 Jan 2018

Detailed information on staff pay, trustee benefits and overseas income will now be required as the Charity Commission seeks to improve transparency.

Making the most of tax relief

11 Jan 2018

Tax relief has enabled many theatre companies to take creative risks and invest more in productions without the fear of financial loss. Margot Madin explains how.

Paying a wage to live on

Photo of three young men singing with microphones
16 Nov 2017

Following revelations of disappointingly low pay figures in the charity sector, Daniel Williams explains why it’s in arts organisations best interests to become Living Wage employers.

Charity Commission gears up for charging

Art at the V&A
10 Nov 2017

Some arts organisations could be asked to pay fees to support the work of the charity regulator in England and Wales under proposals being prepared for consultation.

Activity-based budgeting

Photo of aeroplanes trailing coloured smoke
28 Sep 2017

Mahmood Reza offers a guide to a powerful approach to budgeting that links in to the indirect costs of carrying out a programme of arts activities.

Making money on the fringes

Photo of comedian eating a cucumber
05 Sep 2017

Some fringe festival productions win international touring contracts, but far too many lose out financially. Jessica Cheetham discusses a model that is offering affordable opportunities for artists. 

A change in status

Photo of calculator 'tax' button
20 Apr 2017

Some freelancers and contractors working in the public sector may be taxed at source via PAYE following changes in legislation. Mahmood Reza explains what has changed and the implications.

Tax increases threaten future of London’s live music scene

Crowd surfing at a packed gig
11 Apr 2017

A 26% increase in business rates has put 21 of London’s 94 grassroots music venues at risk of closure, according to new research.

A steady look at costs

Close up of Queen on note
30 Mar 2017

Cost cutting is as essential as fundraising, but it’s not often given equal consideration. Michelle Wright shares tips for arts organisations looking to reduce costs without compromising quality or long-term growth.

Navigating change

Photo of lifebelt against blue sky
16 Mar 2017

Business support provides a lifeline that can help cultural organisations attract new partners, funders, lenders and investors. Sarah Thirtle previews a new programme designed to do just that.

Further consultation to inform Gift Aid donor benefit rules

Photo of man inputting credit card details
09 Dec 2016

The Treasury’s initial consultation failed to result in consensus about reform to the value test.

A simple formula to measure success

Photo of laptop with Google Analytics
24 Nov 2016

Calculating return on investment is a great way to measure the effectiveness of arts marketing activities. Carol Jones explains exactly how to do it.

Financial support for the creative sector

Photo of man hanging painting
17 Nov 2016

With the new tax relief for exhibitions on the horizon, Sean Egan surveys the history of these government schemes. 

Loan fund prompts entrepreneurial response

Le guo and Stephen -- Warren King
03 Nov 2016

£3m has so far been loaned to arts organisations to develop commercial enterprises that will improve their resilience and achieve long-term financial sustainability.

Wake up to auto enrolment

Photo of an alarm clock
20 Oct 2016

Time is running out for small organisations yet to set up a pension scheme – they’ll soon face hefty fines for non-compliance. Alistair Bambridge offers some advice for those that still need to take the plunge.

Making the most of the money

Photo of someone doing paperwork
22 Sep 2016

Artists and other self-employed arts professionals are missing out by failing to take advantage of the tax rules designed to leave more money in their pockets. Alistair Bambridge explores the possibilities.

Pages

Subscribe to Finance