Shared Parental Leave and Pay

shared parental leaveYou may be able to get Shared Parental Leave (SPL) and Statutory Shared Parental Pay (ShPP) if:

  • your baby is due on or after 5 April 2015
  • you adopt a child on or after 5 April 2015

If you’re eligible for SPL you can use it to take leave in blocks separated by periods of work, instead of taking it all in one go.

To start SPL or ShPP the mother must end her maternity leave (for SPL) or her Maternity Allowance or maternity pay (for ShPP). If she doesn’t get maternity leave (but she ends her Maternity Allowance or pay early) her partner might still get SPL.

Example A mother and her partner are both eligible for SPL and ShPP. The mother ends her maternity leave and pay after 12 weeks, leaving 40 weeks available for SPL and 27 weeks available for ShPP. The parents can choose how to split this.

More detailed information can be found here

Autumn Training Courses

http://www.e-learningcentre.co.uk/wp-content/uploads/2016/03/finance-for-non-financial-staff.jpgHaving problems managing your finances or querying about employment law?

Look no further – we have more training courses coming up in November.  More details to follow, but you can book now by emailing us here.

Wednesday 16th November – Financial Management for Voluntary Groups

Wednesday 23rd November – Employment Law

Wednesday 30th November – Budgeting and Cashflow Forecasting

Charity Accounts: Retention of Records

https://www.pncpa.biz/portals/0/19.jpgWe are often asked how long organisations should retain their financial records, so here is some short guidance: 

What are the requirements for all charities?

All charities must:

  • keep accounting records – these records (eg cash books, invoices, receipts, Gift Aid records etc) must be retained for at least 6 years (or at least 3 years in the case of charitable companies) – where Gift Aid payments are received records will need to be maintained for 6 years with details of any substantial donors and to identify ‘tainted charity donations’ in accordance with HMRC guidance

More details can be found here

Another useful document can be found here – this also includes details of payroll document retention, employee details etc