
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

BROOKSON LIMITED
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MJF ACCOUNTANCY LIMITED
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

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

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

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

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
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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

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

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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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

THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm

J. Jervis Accounting Services LTD

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

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
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 the accountant has undergone rigorous training and adheres to strict ethical and technical standards. Membership also means they are subject to ongoing professional development and disciplinary procedures, which is vital for maintaining trust and competence when handling charity finances.
How can a specialist help with HMRC compliance for my charity?
A specialist can assist with various HMRC requirements, including submitting annual returns, managing Corporation Tax if your charity has trading income, and ensuring correct Gift Aid claims. They also help with VAT registration and partial exemption calculations, as well as payroll for charity employees. Their expertise ensures that all filings are accurate and submitted on time, reducing the risk of penalties or investigations.
What is the Charities SORP and why is it important?
The Charities SORP (Statement of Recommended Practice) sets out the accounting and reporting framework that charities must follow when preparing their annual accounts. It ensures consistency and transparency across the sector, making it easier for donors and regulators to understand financial information. An accountant specialising in charities will be fully conversant with the SORP and can prepare accounts that meet all legal requirements.
Can an accountant help with Gift Aid and other tax reliefs?
Yes, an accountant can help your charity maximise Gift Aid by ensuring that all eligible donations are correctly recorded and claimed. They can also advise on other tax reliefs such as business rates relief and VAT exemptions for certain supplies. By using their knowledge of the tax system, they can help your charity retain more income to spend on its charitable purposes.
What should I look for when choosing an accountant for my charity?
When choosing an accountant, look for someone with specific experience in the charity sector, ideally with a recognised qualification from ACCA, ICAEW, or AAT. Check that they understand the regulatory environment, including the Charity Commission and HMRC requirements. It is also wise to ask for references from other charities and to ensure they have professional indemnity insurance for added protection.
How often should my charity review its financial arrangements with an accountant?
It is advisable to review your charity’s financial arrangements at least annually, ideally before the end of your financial year. This allows your accountant to plan for tax obligations, prepare for audits, and identify any areas where you could improve efficiency. Regular reviews also help ensure that your charity remains compliant with changing regulations and that your financial reporting is always up to date.
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