
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

MJF ACCOUNTANCY LIMITED
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

LFR Accounting
Accountancy and taxation services

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Frequently asked questions
What specific services do accountants for charities provide?
Accountants for charities offer a range of services including preparation of annual accounts, independent examinations or audits, and ensuring compliance with the Charities SORP. They also assist with Gift Aid claims, payroll for staff and volunteers, and provide strategic financial advice. Their expertise helps charities manage restricted funds correctly and meet all regulatory requirements set by the Charity Commission and HMRC.
How do I know if an accountant is qualified to handle charity finances?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical standards. Additionally, you can check if they have specific experience with charity accounts, which is often indicated by their listing on directories like AccountingFirms. Verifying their credentials and asking for references from other charities is always advisable.
What is the role of an accountant in preparing a charity's tax return?
An accountant for a charity will prepare and submit the necessary tax returns to HMRC, including Corporation Tax if the charity has trading activities. They ensure that all available reliefs are claimed, such as Gift Aid and charitable exemptions. They also handle VAT returns and can advise on partial exemption calculations. Their expertise ensures your charity remains compliant and does not pay more tax than necessary.
Can an accountant help with Gift Aid and other HMRC claims?
Yes, accountants for charities are well-versed in Gift Aid and can help you maximise the benefit from eligible donations. They ensure that all paperwork is correctly completed and that you meet HMRC's requirements for claiming Gift Aid. They can also assist with other HMRC claims such as the repayment of tax deducted from investment income. This proactive approach can significantly increase your charity's income.
What should I look for when comparing accountants for my charity?
When comparing accountants, consider their qualifications, experience with charities of a similar size and purpose, and their knowledge of the latest regulations. Look for membership in professional bodies like ACCA or ICAEW, and check if they offer services that match your needs, such as independent examination or audit. Reading client testimonials and comparing fees are also important steps in making an informed decision.
How often should my charity review its accounting arrangements?
It is wise to review your accounting arrangements annually, or whenever there is a significant change in your charity's activities or income. This ensures that your accountant remains the right fit and that you are receiving value for money. Regular reviews also help to ensure that your financial reporting continues to meet all regulatory standards and that you are taking advantage of any new tax reliefs or efficiencies.
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