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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

Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More

SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More

MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More

Yourtaxhelp
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MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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EXPEDIENT ACCOUNTANCY
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Taxeasy Ltd
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DIrect Assist accountants Ltd
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MARK SASTA & ASSOCIATES
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Hayes Accountants
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DOLAN ACCOUNTANCY LIMITED
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City Tax London
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The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Frequently asked questions
What qualifications should a charity accountant hold?
A charity accountant should ideally be qualified with a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications demonstrate a high level of expertise in accounting and tax matters. For charities, it is also beneficial if the accountant has experience with the Charity Commission’s reporting requirements and SORP. Always check their credentials and ask about their experience with charitable organisations before engaging their services.
How can an accountant help with Gift Aid?
An accountant can help your charity maximise Gift Aid by ensuring that all eligible donations are correctly recorded and claimed. They will manage the necessary declarations from donors, calculate the amount to reclaim from HMRC, and submit the required returns. This expertise ensures you receive the full benefit of Gift Aid, which can significantly increase your charity’s income.
What are the filing requirements for a registered charity?
Registered charities must file annual accounts and a trustees’ annual report with the Charity Commission. Depending on your income, you may also need to submit a full audit or an independent examination. An accountant who specialises in charity finance can prepare these documents in line with the Charities SORP, ensuring that your submission is accurate and submitted on time.
Can an accountant assist with VAT for charities?
Yes, a specialist charity accountant can provide invaluable VAT advice. Charities can often benefit from VAT reliefs, such as zero-rating on certain purchases or claiming back VAT on specific costs. An accountant will help you understand your VAT position, manage partial exemption calculations, and ensure that your charity remains compliant with HMRC’s VAT regulations.
Why is it important to choose an accountant who understands charity law?
Charity law is complex and differs significantly from general business law. An accountant who understands charity law can help you navigate the specific regulations governing charitable status, including rules on public benefit, trading, and political activity. They can also advise on governance matters and ensure that your financial practices align with the legal duties of trustees.
How often should a charity review its financial procedures?
It is advisable for a charity to review its financial procedures at least annually, or whenever there are significant changes in activities, funding, or legislation. Regular reviews help identify weaknesses, improve internal controls, and ensure that your charity remains compliant with HMRC and the Charity Commission. Your accountant can conduct these reviews and recommend necessary improvements.
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