As we head into Autumn, you will want to make sure that your CIC or charity has sufficient funding. The team at KG Accountants has assembled another list of grants and funding sources for you to consider for your business’s… Read More ›
Charities
August 2023 Roundup of Latest CIC and Charity Funding Advice
We hope you are enjoying the mix of rain and sunshine this August. Your organisation is doing amazing work to help the community. At KG Accountants, we want to help. Below is the August listing of grants for CICs and… Read More ›
July 2023 Roundup of Latest CIC and Charity Funding Advice
In our effort to support CICs and charities, we’ve gathered another round of grants that are open right now. Private companies and government agencies want to help you accomplish your mission, so apply for these grants. Hopefully, you’ll find the… Read More ›
How to Convert a CIC Limited to a CIO/Charity
The Differences between a CIC and a Charity Community Interest Companies (CICs) and charities present two unique pathways to social impact, each with distinct operational and financial mechanisms. A charity’s survival often hinges on grants, donations, and fundraising, enabling them… Read More ›
June 2023 Roundup of Latest CIC and Charity Funding Advice
Summer is here, and the weather is fine! We have a bunch of great grants for your CIC or charity to apply for. This money can go a long way to helping you accomplish your missions. Read the requirements carefully… Read More ›
June Roundup of Latest CIC and Charity Funding Advice
We are approaching the end of June and we’re just loving the sunshine!! June’s list of the latest funding opportunities is exciting! These funds help you successfully continue your mission doing great things for the community. Before applying, be sure… Read More ›
Do CIC companies pay tax?
The short is yes. Community Interest Companies (CICs) pay the same taxes as any other company. Also, Investment income, trading profits, and all other gains are taxable. CIC also pays Corporation Tax, completes a CIC Tax return, Pays VAT, just… Read More ›
May Roundup of the Latest CIC and Charity Funding Advice.
Each month, we bring you a list of the latest funding opportunities for charities and CICs. These funds are designed to help you successfully continue your mission doing great things for the community. Before applying, be sure to read the… Read More ›
What are the advantages of setting up a community interest company?
Setting up a Community Interest Company (CIC) has many advantages over either being a normal corporation or setting up a charity. A CIC is a hybrid between companies and charities in that it’s a company with a social mission, but… Read More ›
5 Best Accounting Software for Charities in 2022
Did you know that the number of charities within the UK is around 166,000? Out of these charities, there are around 132,000 in England, 19,000 in Scotland, 4,000 in Northern Ireland, and 7,000 in Wales. The annual turnover of all of… Read More ›