Money Matters: - ClearlySo, VAT on fundraising items - and more ignorance about social enterprise

David Ainsworth's round-up of what's happening in the finance world

Eighty per cent of Scots know little or nothing about social enterprise, according to a survey carried out for the Scottish Social Enterprise Coalition. "The findings of this poll show the need for more awareness and public understanding of social enterprise," said Antonia Swinson, chief executive of the coalition.

Social finance intermediary ClearlySo is holding a conference for chief executives of social businesses in London on 12 November. Speakers include Caroline Mason, operations director at Investing for Good, and Jamie Hartzell, managing director of the Ethical Property Company.

VAT on pens and other items issued by charities in fundraising packs can be partially recovered in the same way as other fundraising costs, according to the Charity Tax Group. The umbrella body said it had won agreement from HM Revenue & Customs that the cost of pens could be allocated between business and non-business expenditure, as per a ruling in favour of the Children's Society in 2005.


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