News from OCAS
Oldham & Tameside Learning & Skills Programme
In partnership with Voluntary Action Oldham, Tameside Third Sector Coalition, The Hub and The Volunteer Centre OCAS has contributed a number of financial management courses towards this progeramme for community, voluntary and faith organisations.
The training programme includes a wide range of topics including:
- Keeping Safe and Legal
- Planning and Governance
- Money Management
- Influence and partnership
- The funding factor
- Volunteer Management
Please click hear to view a PDF version of the training programme.
The financial management courses being run by OCAS are:
Basic Bookkeping Tuesday 5th March 2013 5:30pm- 8pm
Financial Planning Tuesday 12th March 2013 5:30pm - 8pm
Introduction to Charity Accounts and Annual returns Tuesday 26th March 20135:30pm - 8pm.
Please click hear for more details.
Merger of Oldham Community Accountancy Service and Voluntary Action Oldham merge
Both organisations are already located together in Manchester Chambers but the partnership has gone to the next level with them legally becoming one organisation from 1st April 2013. We believe that this is the best and most sustainable way to provide quality support to community and voluntary groups and volunteers working for the benefit of people in the borough.The merged organisation will be known as Voluntary Action Oldham but there will still be a service you can use called Oldham Community Accountancy Service. It will be easier for groups to access the support they need, and the sharing of resources will reduce duplication and cost, ensuring that more is available to spend on frontline services.
If you want to understand more about how this might affect you please give us a ring and talk to us
AUTO-ENROLMENT FOR PENSIONS
From 2015 small employers will have to offer all employees the option to contribute to a pensions scheme and, if the employee takes up the option, will be required to contribute too. Deatils will be sent out by HMRC at least 12 months before this.
Remember to consider this potential extra cost when completing funding bids for future years.
REAL TIME INFORMATION (RTI)
This is a new way of reporting PAYE. The structure of PAYE will remain unchanged, but RTI will change the way in which PAYE details are submitted to HMRC.
Under RTI, information about PAYE payments will be submitted each time a payment is made as part of the payroll process, rather than at the end of the year as they are now. Every time you pay your employees a RTI return has to be submitted to HMRC. This is mandatory from April 2013
Speak to OCAS if you have any queries
Increases in National Minimum Wage
From the 1st October 2012 the national minimum wage is increasing to the following rates:
16-17 = £3.68 per hour
18-20 = £4.98 per hour
21+ = £6.19 per hour
If you have any queries about this or any other payroll matter please contact our payroll bureau.
Claiming Gift Aid repayments from April 2013 onwards
HMRC are planning to launch the new service for Charities and CASCs, called Charities Online, in April 2013. Charities Online will replace the current R68(i) Gift Aid and tax repayments claims form. It will be a way for charities and CASCS to claim Gift Aid, tax repayments on other income and Gift Aid Small Donations Scheme top-up payments by using an online form. Charities Online will also introduce new intelligent forms (iForms) to replace the current ChA1 HMRC Charity application form, ChV1 Charities variations form and CASC(A1) registration form
serving the financial needs of the voluntary & community sector