Finance Support for Hospices

Hospice UK aims to help share useful information and resources and encourage a supportive network of colleagues at hospices who have financial responsibilities.

We’ve put together a suite of financial support for hospices: useful information and resources for hospice leaders and staff who have financial responsibilities

What's on this page

We’ve put together a suite of financial support for hospices: useful information and resources for hospice leaders and staff who have financial responsibilities.

In these Hospice finance support pages, you’ll find resources on:

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Financial benchmarking

Details and information that Hospice UK has gathered around financial benchmarking for hospices.
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Guidance on tax issues

Useful guidance on a range of tax issues that may affect hospices and other organisations providing hospice care.
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Hospice Financial Sustainability Index

The Hospice UK Advisory Council has identified financial sustainability as one of the most pressing issues facing boards and senior teams.
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Accounting, reserves and financial issues

Guidance for hospices on preparing statutory accounts and formulating a reserves policy.
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In the second of a two-part blog Hospice UK's Interim Chief Executive Craig Duncan shares some of the common self-reported reasons why hospices found themselves towards the bottom of the Hospice Financial Sustainability Index

VAT refund scheme for hospices

The introduction of a VAT refund scheme for hospices across the UK, that was passed into law as part of the Finance Act 2015.
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Hospice UK's Good Governance Programme provides a wide range of useful resources to support hospice chairs, trustees and boards

Good Governance Programme

Hospice UK's Good Governance Programme provides a wide range of useful resources to support hospice chairs, trustees and boards.
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Guide to Investment Policy Statements

A joint project between Hospice UK and abdrn has produced a useful, practical guide which will be relevant to you if your hospice holds cash or stock market investments.

If you’re a trustee, this guide will also help you understand how to fulfill your duties, keeping in mind both law and guidance from the charity regulator in your jurisdiction.

Download the guide

Hospice Reserves Policy Guidance

One of the most important financial policies for a hospice board is the charity’s reserves policy.

In this series, Head of Charities at Price Bailey, Helena Wilkinson, sets out some of the most important things that trustees should consider when setting up and implementing their hospice’s reserves policy.

Strategy and statistics
Finance

Reserve policy's link to strategy, resilience & income risk

Helena Wilkinson of charity and NFP sector accountants Price Bailey explores one of the biggest issues in managing the finances of a charity.
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Finance

Understanding Income Risk

In this blog, Helena Wilkinson of charity and NFP sector accountants Price Bailey focuses on how to assess income risk.
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Finance

How can the reserves policy help?

Helena Wilkinson considers how reserves and reserves policies can benefit charities in the final part of her Hospice Reserves and Reserves Policy Guidance blog series.
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CEO Finance blogs

Explore this three-part blog series looking at financial issues affecting hospices, written by Hospice UK's former Interim Chief Executive Craig Duncan.

Hospice UK's Interim Chief Executive Craig Duncan shares his overview of the current financial position facing hospices
Finance

Hospice Financing: an overview

As life moves from an emergency situation with the pandemic to something we are gradually getting used to living with, Hospice UK's Interim Chief Executive Craig Duncan shares his ...
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Hospice UK's Interim Chief Executive Craig Duncan shares his interpretation of Hospice UK's Hospice Finance Sustainability Index
Finance

Lessons from the Hospice Financial Sustainability Index part 1

Only a quarter of all UK hospices are in a strong financial position, and a quarter are classified as being under 'severe financial stress'. Hospice UK's Interim Chief Executive Cr...
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In the second of a two-part blog Hospice UK's Interim Chief Executive Craig Duncan shares some of the common self-reported reasons why hospices found themselves towards the bottom of the Hospice Financial Sustainability Index
Finance

Lessons from the Hospice Financial Sustainability Index part 2

Hospice UK’s Financial Sustainability Index seeks to help hospices understand their financial performance relative to their peers. In the second of a two-part blog Hospice UK's I...
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The Hospice UK Corporate Directory features companies and organisations that advertise and promote services and products relevant to the hospice sector

Corporate Directory

The Hospice UK Corporate Directory features companies and organisations that advertise and promote services and products relevant to the hospice sector.

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Further information
For any finance-related questions

Email the Hospice UK Finance team

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