Course description
Many charities undertake trading activities as a means to increase their unrestricted income or to manage risk, and some use them for activities removed from their core business. As charities seek to diversify their income, or consider different forms of social enterprise, it is more important than ever to be aware of the legal and regulatory requirements for charities who are considering or have established subsidiary or other trading companies.
Presented by general counsel from Oxfam, this virtual classroom seminar will set out the legal and regulatory requirements but also provide practical tips on how to avoid potential pitfalls and manage the risks that come with running a trading subsidiary.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Many charities undertake trading activities as a means to increase their unrestricted income or to manage risk, and some use them for activities removed from their core business.
As charities seek to diversify their income, or consider different forms of social enterprise, it is more important than ever to be aware of the legal and regulatory requirements for charities who are considering or have established subsidiary or other trading companies.
This virtual classroom seminar will set out the legal and regulatory requirements but also provide practical tips on how to avoid potential pitfalls and manage the risks that come with running a trading subsidiary.
What You Will Learn
This live broadcast will cover the following:
- The taxation rules applicable to subsidiaries
- When should a charity be considering establishing a subsidiary for trading or other purposes?
- Establishing a trading subsidiary - options, what you must do and good practice tips (including recharges)
- Governance cycle - Charity Commission guidance, oversight and decision making
- Managing risks and financing a trading subsidiary - highlighting potential pitfalls and how to avoid them
- Serious incidents
- Sanctions for getting it wrong: insolvency risks, disqualification, personal liability
- Case studies - to support you in avoiding pitfalls and finding solutions
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...