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Managing your finances
If your group provides services and activities for people affected by multiple sclerosis (MS), one of our requirements is that you manage your finances.
We’re here to support your group to raise, spend, hold and account for funds and assets under your control, in line with our policies and rules, and external legislation.
See Group Handbook B4: Managing your finances
Your financial responsibilities
Your Coordinating Team shares responsibility for managing the funds and assets held by your group, led and advised by your Finance Volunteer.
- Go to our guidance on Your financial responsibilities
Financial records, reports and controls
We have a range of tools and resources to support your group to record and report on your financial transactions, and safeguard the funds and assets under your control against fraud and financial mismanagement.
- Learn more about our Financial records, reports and controls
Raising, holding and using funds
Your Finance Volunteer plays a lead role in ensuring that funds are handled and reported and used appropriately.
- See our rules on Raising, holding and using funds
Banking and account administration
We expect your group to bank and hold all funds in an MS Society cash pooling account, maintained and administered by your Finance Volunteer.
- Learn how we support your Banking and account administration
Claiming VAT and Gift Aid
We want you to be aware of tax exemptions available to charities and to people with disabilities, and complete VAT exemption certificates and Gift Aid claims where possible.
- Find out more about Claiming VAT and Gift Aid
Need support?
Contact our Finance Support Team for day to day finance support. Our Accountants (Volunteer Groups) are available to all group volunteers to answer questions about your group finances.
- Get contact details for our Finance Support Team
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