Expertise, events, news and updates –
what interests you?
Serious incident reports and global events
The Charity Commission requires trustees to report all serious incidents. Suhan Rajkumar and Jennifer Chong remind charities when and how to make a report.
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Energy reporting requirements and what they may mean for charities
As a result of the EU’s focus on reducing the effects of climate change, the Energy Savings Opportunity Scheme and the Streamlined Energy Carbon Reporting were brought into force in 2019. The UK’s climate response As a result of concerns relating to the global climate change crisis, Europe aims to become the world’s first climate-neutral …
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Pioneers Post: Louise Harman & Sung-Hyui Park on 5 ways impact investors can deal with COVID-19
Louise Harman, partner and co-head of the impact economy team and Sung-Hyui Park, senior associate in our impact economy team have recently written for Pioneers Post on ways that impact investors can deal with the dilemma caused by COVID-19. In the article, Louise and Sung-Hyui discuss how the coronavirus isn’t just affecting social businesses and charities, but how …
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Why does my biometric residence permit (BRP) expire on 31 December 2024?
For some years now, those granted indefinite leave to remain have been issued with a BRP that is due to expire on 31 December 2024. Since January 2020, those granted limited leave for a period of 5 years have also been given BRPs that expire on 31 December 2024, despite leave being granted for a …
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Collaboration – strength in numbers?
We know that many trustees will be sitting in (Zoom) board meetings, reflecting on sobering financial forecasts, faced with the difficult task of deciding where their charity should go from here. If this is you, then the possibility of collaborative working should definitely be on your radar. Collaboration can be a critical part of maximising …
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Corporate Insolvency and Governance Act 2020 – extensions relating to corporate governance and insolvency law requirements
In June 2020 the Corporate Insolvency and Governance Act 2020 (“CIGA”) made some temporary changes to insolvency and corporate governance law. These were described in this Bates Wells update – and were originally designed to last until 30 September 2020. New secondary legislation – now in force – means that many of these changes will …
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Charity & Social Enterprise Update | Autumn 2020
Across the sector, charity and social enterprise boards and leadership teams are considering different ways to tackle the challenges presented by the pandemic. In the new design Autumn issue of our Charity & Social Enterprise Update, we’ve included a range of articles about some of the options, with a focus on collaboration or merger, including: If …
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Modern slavery transparency statements – new obligations announced
The government has announced new measures to expand and clarify the requirements of the Modern Slavery Act 2015, with which large businesses, charities, social enterprises and now the public sector will need to comply once brought into force. The response to the transparency in supply chains consultation outlines the intended reforms including the mandatory content …
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Changes in the use classes for property
As part of the Government’s policy to help the country recover and provide businesses with flexibility (the ‘Build Back Better’ initiative), the classification of the use classes for property in England have been amended significantly. To bring about these changes, the Government enacted the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020, which …
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Personnel Today: Chetal Patel on UK firm’s ability to attract ‘brightest and best’ in doubt
Chetal Patel, partner in our Immigration team has been featured in a recent Personnel Today article. The piece focuses on new figures recently published showing that the number of UK businesses applying for permission to employ skilled overseas workers has remained static since the start of the year and that only 2% of private sector …
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Bates Wells signs up to Race at Work Charter
We’re showing our commitment to racial equality by signing up to the Race at Work Charter. We are pleased to announce we are now a signatory of the Business in the Community Race at Work Charter. The Charter is an initiative designed to improve outcomes for Black, Asian and Minority Ethnic (BAME) employees in the …
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What’s going on with Capital Gains Tax?
Considering the sale of assets or currently involved in a sale process? Here are our thoughts on possible changes to Capital Gains Tax (“CGT”). A review and the resulting speculation In July this year, the Chancellor asked the Office of Tax Simplification to review CGT. Rishi Sunak’s request came at a time when it was …
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