
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
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...

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

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

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
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

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

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

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
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

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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More

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
Frequently asked questions
What specific experience should a charity accountant have?
A charity accountant should have experience with the Charity Commission's Statement of Recommended Practice (SORP), which is the framework for charity accounting. They should also be familiar with managing restricted and unrestricted funds, preparing annual returns, and handling Gift Aid claims. Look for a professional who can demonstrate a track record of working with charities of a similar size and remit to yours.
How does an ACCA or ICAEW qualification benefit my charity?
Accountants who are members of ACCA or ICAEW have undergone rigorous training and adhere to strict professional standards. This ensures they are up to date with the latest financial regulations and ethical guidelines. Their qualification provides a level of assurance that your charity's finances will be managed competently, and they are required to undertake continuous professional development to maintain their status.
What are the key tax obligations for a charity in Compton Abbas?
Charities in Compton Abbas must comply with HMRC regulations, which may include submitting annual returns and managing payroll taxes. While charities are generally exempt from Corporation Tax on income used for charitable purposes, any trading activities may be taxable. Additionally, you must handle VAT correctly, and an accountant can help you navigate these obligations and claim any eligible reliefs.
Can a local accountant help with Gift Aid and other HMRC claims?
Yes, a local accountant with charity expertise can assist you in setting up and managing Gift Aid claims, ensuring you meet HMRC's requirements for record-keeping and declarations. They can also help with other HMRC claims such as the repayment of tax on interest and dividends. Their knowledge ensures you maximise your income while remaining compliant with all regulations.
How often should a charity review its financial procedures?
It is advisable to review your charity's financial procedures at least annually, or whenever there are significant changes in your operations or regulations. An accountant can conduct a thorough review of your internal controls, bookkeeping practices, and reporting processes. Regular reviews help identify potential risks, improve efficiency, and ensure that your charity remains compliant with current legislation.
What should I look for when comparing accountants for a small charity?
When comparing accountants for a small charity, consider their experience with organisations of your size, their fee structure, and the range of services they offer. It is important to check their professional accreditations, such as AAT, ACCA, or ICAEW, and to ask for references from other charity clients. A good accountant should be approachable and willing to explain complex issues in plain language.
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