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 ›
Charities
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 ›
April Roundup of the Latest CIC Grant Funding Advice
Did you know that, according to Prospects, the amount that the charity sector in the UK contributed, in 2020, to the economy was £20 billion? This made up 0.9% of the UK’s total GDP. These voluntary organisations also employ 950,000 people…. Read More ›
Budgeting vs. Financial Forecasting: What’s the Difference?
Philanthropy is a thriving institution in many ways. Recent estimates place this industry at a $182 billion value. It seems to be doing quite well for itself. But how do these industries balance their budget? How can a charitable organization maintain… Read More ›
February Roundup of the Latest CIC Grant Funding Advice
If you’re looking for small grants for CIC for your community organisation, you’ll want to read this roundup of the latest CIC grants in the uk. In this article, we’ll be covering six different grants that are available to organisations… Read More ›
Accounting vs Bookkeeping: What’s the Difference?
CICs are a community interest company. They serve a vital function in promoting community growth and development. The government of the U.K. designates them not as a charity, but as a benefit to society. But, unfortunately, everyone needs to do their… Read More ›