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
Direct Conversion This article explains the different charity structures and the process of direct conversion. Charities in England and Wales join Scotland in being able to convert directly to a charitable incorporated organisation. Charitable incorporated organisations (CIOs) have been in existence since 2013. A CIO is one of the four types of legal structures that are available to charities, the other
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
The Recipe For Successful Diversification This article is based on a keynote presentation I made earlier this year to the Westminster Media Forum. The presentation followed on from views I had shared in Arts Professional in response to an editorial piece they wrote in November 2016 “Winners and losers as arts organisations diversify income”. Given that many organisations need to diversify
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
Product Development Product development and fundraising play a significant role in the arts world, and some of that innovation and excellence was highlighted at the recent Emcees Fundraising Awards that we were pleased to support. The examples of fundraising showcased and stories told prompted me to reflect on the similarity and link between fundraising and developing new products and services.
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.
Social Media For Business Using social media for business can have a positive impact helping you expand and reach a much larger audience. Some businesses still remain hesitant to use social media-largely due to “fear of the unknown”. However it is has become a great way to get your businesses message “out there”. Traditional marketing strategies have become less effective