A key trend that will continue over this 10-year period is providing care in the right places – so rather than people seeking help through hospital admissions the focus is on effective support at home and in care homes.
The question “Are grants taxable?” has several answers, as it depends whether you are classed as trading or not by HMRC for corporation tax purposes, and also whether the grant is really a grant.
There are specific rules that mean if you are a Director of your organisation you are treated as an office holder by HMRC, and this means any payments you receive for your role as a Director must be as salary and subject to PAYE.
Yes, social enterprises can be sole traders. Social enterprise is a way of doing business and does not refer to a specific legal structure. For further details on what a social enterprise is please refer to the article titled “What are social enterprises?”