Reasons for omission can be used if, in exceptional cases, an organization cannot report a disclosure that is required for reporting in accordance with the GRI Standards. For updates on the GRI Standards, please sign up here. The GSSB will continue to monitor the situation and revise this FAQ as needed. Organizations should consider whether it is of value to them and their stakeholders to delay their sustainability reporting. However, it is important to note that the usefulness of information is closely tied to whether it is available in time for stakeholders to integrate it into their decision-making. Please consult these Standards directly for this additional information.įor organizations who feel that a delay to the effective date may assist them to provide complete reporting, we would like to clarify there is no submission deadline for reports or other materials prepared in accordance with the GRI Standards. Please consult clause 3.2 in GRI 101: Foundation 2016 for more information on reasons for omission.įurther, GRI 207 and GRI 403 contain additional information on other cases where reasons for omission are permitted. They provide transparency on how the Standards have been applied. Reasons for omission enable organizations to build up their reporting gradually and respond to all requirements over time. In this case, the organization can explain that the necessary information cannot be obtained or is not of adequate quality to report due to organizational effects related to COVID-19, and provide the expected timeframe for obtaining and reporting this information. If an organization planned to adopt these Standards for a report that will be published in 2021 because it has identified these topics as material but is finding it difficult to provide complete reporting (for either the Core or Comprehensive option) due to the pandemic, it may use reasons for omission for the disclosures in these Standards. Hope you manage to get money into the ISA for 2015/2016 year.The following three GRI Topic Standards: GRI 207: Tax 2019, GRI 303: Water and Effluents 2018, and GRI 403: Occupational Health and Safety 2018, will be effective for reports or other materials published on or after 1 January 2021. Most of my experience is with cheques being rejected is if the name on the cheque doesnt match the account, rather then the signatures, rarely do you see two to operate accounts now, (tends to be accounts in trust or break down of relationships where both have to be present to sign) I would also try to explain the refusal of the cheque, you mention that it was a two to sign account and was rejected as "not in accordance with mandate" this rings that they were requiring two signatures on the cheque, as the account was originally set up two to sign. Payable to account holder is fine, I'm not sure if banks accept cheques payable just the bank now without account number or name on the payee line. He is going to NatWest tomorrow to try and sort it out but our problem is, even if they have made some kind of mistake, it will then be the new tax year and so we will lose the interest-free benefit on it for 2016-17.Īny comments as to how to handle this or what the reason could be for it being returned would be very much appreciated.ĭO a faster payment into your ISA before midnight tonight and it will still count for this tax year, Im not sure about Natwest but you maybe able to do a faster payment of up to 25k online or on the telephone.Īs you say the tax isa window is beginning to close. I did exactly the same about a couple of weeks ago and mine hasn't been returned. He wrote the cheque out of NatWest, payable to himself and signed by himself and handed it over to Barclays when he opened the cash ISA. He only received the post tonight when he arrived home. Today he received a letter from Barclays saying the cheque has been returned unpaid for the reason stated on it (NOT SIGNED IN ACCORDANCE WITH MANDATE) and his account has been debited. He wrote a cheque for £15,240 out of our NatWest account, fully intending to pay another £15,240 into the ISA in the new tax year. My husband set up a cash ISA with Barclays bank on 30th March.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |