
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

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
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GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...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

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

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

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
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
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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

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
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 hold a recognised professional qualification from bodies such as ACCA, ICAEW, or AAT. These qualifications demonstrate a high level of expertise and adherence to ethical standards. Additionally, experience with charity accounting, including knowledge of the Charities Act and SORP, is essential to ensure your charity meets all legal and regulatory requirements.
How can an accountant help with HMRC compliance for my charity?
An accountant can assist with various HMRC compliance matters, including preparing and submitting tax returns, managing Gift Aid claims, and ensuring correct VAT treatment. They can also advise on Corporation Tax liabilities for trading activities and help you maintain accurate records to avoid penalties. Their expertise ensures your charity remains compliant with all tax regulations.
What are the key responsibilities of trustees regarding charity finances?
Trustees are responsible for ensuring the charity’s funds are used properly, maintaining accurate financial records, and preparing annual accounts. They must also file the appropriate returns with the Charity Commission and HMRC. An accountant can provide guidance and support to help trustees fulfil these duties, reducing the risk of errors or non-compliance.
Do charities need to submit annual accounts to the Charity Commission?
Yes, most registered charities in England and Wales must submit annual accounts and a report to the Charity Commission. The level of detail required depends on the charity’s gross income. An accountant with charity sector expertise can prepare these documents in line with the Charities SORP, ensuring accuracy and timely submission.
Can an accountant help with Gift Aid and other tax reliefs?
Absolutely. Accountants can assist with Gift Aid claims, ensuring you maximise the tax relief on donations. They can also advise on other reliefs such as the small trading exemption and charitable rates relief. Their knowledge helps your charity retain more income and reduces the administrative burden on your team.
How often should a charity review its financial procedures?
It is advisable to review financial procedures at least annually, or whenever there are significant changes in your operations or regulatory environment. Regular reviews help identify inefficiencies, ensure internal controls are effective, and confirm that your charity remains compliant. An accountant can conduct these reviews and recommend improvements tailored to your charity’s needs.
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