People Who Can’t Be Trustees
People aged under 18 (16 if your charity is a Company or Charitable Incorporated Organisation (CIO))
People who are disqualified by law (banned) from acting as charity trustees, including anyone who:
- has an unspent conviction for an offence involving dishonesty or deception
- is currently declared bankrupt (or is subject to bankruptcy restrictions or an interim order) or has an individual voluntary arrangement (IVA) with creditors
- is disqualified from being a company director
- has previously been removed as a trustee by either the Charity Commission or the High Court due to misconduct or mismanagement
- is disqualified from being a trustee by an order of the Charity Commission under section 181A of the Charities Act 2011
While a person is disqualified they will also be disqualified from holding positions with senior management functions (whether paid or unpaid) within the charity or charities concerned, unless the commission includes an exception in the disqualification order that this is not the case.
You can search the register of Removed Trustees here
You need to tell HM Revenue and Customs (HMRC) straight away if you stop employing people.
Closing your PAYE scheme
You need to submit a final payroll return – either a Full Payment Submission (FPS) or Employer Payment Summary (EPS). You should:
- deduct and pay any outstanding tax and National Insurance to HMRCwithin 17 days (or 14 if you’re paying by cheque)
- select the ‘Final submission because scheme ceased’ box
- put the date you closed your PAYE scheme in the ‘Date scheme ceased’ box – you can’t put a date in the future
You also need to:
- send your expenses and benefits returns
- enter a leaving date on each employee’s payroll record
- give your employees a P45 on their last day – most payroll software can produce a P45 for you or you can order them from HMRC
If you start employing anyone in the same or next tax year, you should reopen your PAYE scheme by sending an FPS with your PAYEreference.
If you temporarily stop employing staff
Your PAYE scheme continues to run if you stop employing staff for less than a whole tax year (eg if you run a seasonal business). You don’t need to give your employees a P45 if you keep them on your payroll.
More details can be found here
A workplace pension is a way of saving for your retirement that’s arranged by your employer.
Some workplace pensions are called ‘occupational’, ‘works’, ‘company’ or ‘work-based’ pensions.
If you change jobs
Your workplace pension still belongs to you. If you don’t carry on paying into the scheme, the money will remain invested and you’ll get a pension when you reach the scheme’s pension age.
You can join another workplace scheme if you get a new job.
If you do, you may be able to:
Ask your pension providers about your options.
If you move jobs but pay into an old pension, you may not get some of that pension’s benefits – check if they’re only available to current workers.
If you worked at your job for less than 2 years before leaving, you may be able to get a refund on what you’ve contributed. Check with your employer or the pension scheme provider.
You can find out more details about Workplace Pensions here
Last Thursday we had a trip out to Women’s Work, Derby to the presentation of the Andrew Buxton Memorial Award 2017. The certificate and cheque were presented by Mrs Janet Buxton.
They won the award for presenting the best-kept set of accounts this year. One might think that this is the sole responsibility of the Finance Officer, but they are only able to do their job well if the rest of the team work with them. Women’s Work Derby are a shining example of how to work as a team, and their award is well deserved.