People often ask about where they can get trustees or Board members from and where they can advertise these roles without paying high fees. Listed here are some of the options.
Social Enterprise
Are Directors employed or self-employed?
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.
What is a social enterprise?
Social enterprises are businesses that have a social or environmental purpose. This means that they reinvest any surpluses they make back into the business in order to deliver more of their social or environmental purpose.
What’s the difference between a CIC and a social enterprise?
The phrase social enterprise refers to the way in which you operate and run your business or organisation. So as a social enterprise you have a social or environmental purpose at the heart of your business and reinvest profits to do more good work.
Finance News
- Nesta launches £3.7m social impact fund for arts and culture
- Reach Fund makes further £7.2m available for charities and social enterprises
- Cash held by charities increased by £500m last year, report reveals
- Paddy Power ordered to repay £500,000 to Birmingham Dogs Home
- Kate Sayer: How should managers make decisions about risk?