Risk Management and Procurement is a new section aimed at staff employed in any procurement function, senior managers, elected members and trustees. It advocates an integrated approach to procurement risk management, recognising that the specific skills and competencies of risk management and procurement professionals are more likely to add value to the overall risk management process when applied in combination.
Local Authorities and Similar Bodies VAT
The Local Authorities VAT and Similar Bodies information stream has been updated in a number of areas to reflect recently issued HMRC guidance. Sections updated include Arrangements for Section 33 Bodies, Social Services, Voluntary Aided and Maintained Schools, Waste, Letters from HMRC and Making Tax Digital.
VAT Liability for Non-elective Treatment is a new section which clarifies HMRC's position with regard to the provision of non-elective (urgent and necessary) treatment to overseas visitors. A link to recently updated HMRC guidance is also incuded.
Financial Management and Corporate Governance
Risk Management examines the importance of risk management as an integral part of an organisation’s system of corporate governance and internal control. This section has been reviewed and updated to reflect recent developments and published guidance.