
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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

MRC Accounting Services
Providing accounting services and solutions
Frequently asked questions
What specific services do charity accountants provide?
Charity accountants provide a range of services including preparation of annual accounts, independent examinations or audits, Gift Aid claims, VAT returns, and payroll management. They also offer strategic advice on restricted funds, reserves policies, and compliance with the Charity Commission’s reporting requirements. Their expertise ensures that your charity meets all legal obligations while maximising tax efficiencies.
How do I know if my charity needs an independent examination or a full audit?
The requirement depends on your charity’s gross income and assets. Charities with an income above £25,000 generally require an independent examination, while those with income over £1 million or gross assets over £3.1 million may need a full statutory audit. Your accountant can assess your specific figures and advise on the correct level of external scrutiny required.
What is Gift Aid and how can an accountant help with it?
Gift Aid allows charities to reclaim basic rate tax on donations from UK taxpayers, increasing the value of gifts by 25 percent. An accountant can help you set up the necessary declarations, maintain accurate records, and submit claims to HMRC. They also ensure compliance with the rules to avoid penalties and maximise the income your charity receives.
Are ACCA or ICAEW qualified accountants better for charity work?
Both ACCA and ICAEW qualifications demonstrate a high level of professional competence and ethical standards. The best choice depends on your charity’s specific needs and the accountant’s experience with the non-profit sector. Look for a professional who has worked with charities of a similar size and complexity, regardless of their specific chartered body membership.
How can an accountant help with VAT for my charity?
Charities can often reclaim VAT on certain purchases, and some income may be exempt from VAT. An accountant with charity expertise will help you understand partial exemption rules, register for VAT if required, and complete accurate VAT returns. They can also advise on the VAT treatment of fundraising events, trading activities, and donated goods to ensure compliance with HMRC.
What records must my charity keep for HMRC and the Charity Commission?
Your charity must keep financial records that show all income and expenditure, including details of restricted funds and assets. You must also retain bank statements, invoices, receipts, and payroll records for at least six years. These records support your annual return, tax filings, and any claims for relief, ensuring you can demonstrate accountability if inspected.
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