Which VAT Rates To Use And When VAT is a tax that affects charities and arts organisations, and not just private business. This blog will look at the principles of VAT and how it directly affects arts charities, many of whom struggle when deciding which VAT rates to use for different goods and services. VAT registered businesses charge output VAT
Pro Active Resolutions are proud to announce our second year headline sponsorship with The Emcees, and their Arts & Culture Awards for Excellence in Fundraising 2018. Fundraising is a vital role for arts organisations and the wonderful efforts of these fundraisers certainly deserves to be recognised. The annual Emcees Awards, celebrating excellence in arts and culture fundraising does just that.
Protecting Your Business From Fraud There should be a culture of control and fraud prevention embedded into the strategic and operational affairs of an organisation. Senior management and trustees create this culture and should lead by example in adhering to the organisation’s internal financial controls and good practice. The trustees should make sure that an annual review is conducted into
Pro Active Sponsorship Agreement With House of Verse Here at Pro Active Resolutions we act as a business friend to a wide cross section of businesses. The businesses vary in terms of size, complexity and what they do. However, one of the sectors that we have a strength of knowledge, experience and affinity with is the arts and creative sector.
Business Budget A business budget plays a vital part in an effective system of planning, control and performance management. It shows expected future income and expenditure, and translates into financial terms what an arts organisation’s future, planned activities are. Traditional budgeting systems look at current cost levels and adjust for inflation and changes in income in order to produce an
We’re proud to announce that Mahmood Reza, Owner Manager of Leicester based Pro Active Resolutions has been invited to join some of the leading figures and heavy weights in the UK’s cultural scene to make a key note contribution on Cultural funding in England. The seminar is taking place on 27th April 2017 at The Westminster Media Forum, Whitehall, London.
Cloud Accounting Software – Helping Improve Credit Control Using a robust cloud accounting software can greatly improve your credit control, an area that a lot of people find quite challenging. Although credit control is the life-line of businesses it doesn’t always receive the attention it should and many businesses find numerous obstacles when dealing with it i.e. not invoicing as
Starting a business and the risks involved can sometimes put people off pursuing their dreams. However once you get that spark of inspiration, it’s hard to contain the excitement that comes with your plans of starting a new business. After all, this is something that will not only allow you to expand your income, it would also be the perfect
Becoming Self-Employed Registering as self-employed and running your own business can be extremely rewarding. However, being the captain of your own ship whilst losing the safety net of employment can be tough to balance. It comes about as a result of a conscious decision or a drift into it. In this blog we will share some thoughts based on our
Property Tax: Personal Vs Company Ownership Tax and property interact in a number of ways, more so when we consider the personal and company route for property ownership. Over the twenty plus years that we have been advising our clients on property tax, one of the more popular questions is whether or not their property business should be run through