
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

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...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

Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More

Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...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

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

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

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More
Frequently asked questions
What qualifications should a charity accountant hold?
A charity accountant should ideally be a member of a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure that the accountant has undergone rigorous training and adheres to ethical standards. They will also have access to ongoing professional development, keeping them up to date with changes in charity law and financial reporting requirements. Always check the accountant's credentials before engaging their services.
How can an accountant help with HMRC compliance for a charity?
An accountant can assist with HMRC compliance by preparing and submitting the necessary tax returns, managing Gift Aid claims, and ensuring that VAT is handled correctly. They can also advise on Corporation Tax liabilities for trading activities and help with PAYE for employees. By keeping accurate records and meeting deadlines, the accountant reduces the risk of penalties and helps the charity maintain its tax status.
What is the difference between an independent examination and an audit?
An independent examination is a lighter-touch review of a charity's accounts, usually required for smaller charities with an income below a certain threshold. An audit is a more detailed and formal process, required for larger charities or those with specific constitutional requirements. An accountant can advise which is applicable to your charity and carry out the necessary work to ensure compliance.
Can an accountant help with Gift Aid claims?
Yes, an accountant can help your charity maximise Gift Aid claims by ensuring that donations are properly recorded and that HMRC declarations are in place. They can calculate the amount reclaimable, submit the claim, and keep the necessary records. This can significantly increase the value of donations, so it is worth seeking professional assistance to ensure you are claiming everything you are entitled to.
How often should a charity review its financial procedures?
It is good practice to review financial procedures at least once a year, or whenever there are significant changes in the charity's activities or staff. An accountant can help with this review, identifying any weaknesses internal controls and recommending improvements. Regular reviews help to prevent fraud, ensure accurate reporting, and maintain the confidence of donors and trustees.
What records must a charity keep for tax purposes?
A charity must keep financial records that show all income and expenditure, including details of donations, grants, and trading activities. It must also keep records of assets and liabilities, as well as payroll information if it employs staff. These records must be kept for at least six years. An accountant can help you set up an efficient record-keeping system that meets HMRC requirements and supports accurate tax returns.
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