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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

Sabre Accountants
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Holdsworth Accountancy
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LFR Accounting
Accountancy and taxation services

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

Tax Returns - London
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Pepperhill Associates
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CloudBook Accountants Ltd
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Mind Your Assets Accounts
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Clarity Accountants
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Harris Rosenberg Chartered Accountants
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Cheaper Accountant
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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

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
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
Frequently asked questions
What qualifications should a charity accountant hold?
A charity accountant should ideally hold a recognised qualification from a professional body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to high ethical and technical standards. Additionally, experience with charity accounting is essential, as it involves specific regulations and reporting requirements. Always verify the accountant’s credentials and ask about their experience with charities similar to yours.
How can a charity accountant help with HMRC compliance?
A charity accountant can assist with HMRC compliance by ensuring your charity meets all tax obligations, including VAT, Corporation Tax, and Payroll. They can help you claim Gift Aid on donations and apply for charitable tax reliefs. They will also prepare and file necessary returns accurately and on time, reducing the risk of penalties. Their expertise ensures that your charity remains compliant with current tax laws and regulations.
What is the difference between a charity audit and an independent examination?
A charity audit is a formal examination of financial records by a registered auditor, required for larger charities with income above certain thresholds. An independent examination is a lighter-touch review carried out by a suitably qualified person, suitable for smaller charities. The choice depends on your charity’s income and governing document. A professional accountant can advise which is required and conduct the process for you.
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 you have the necessary declarations from donors. They can calculate the amount reclaimable from HMRC and submit the claim on your behalf. They will also keep records to support the claim in case of an HMRC enquiry, ensuring you receive all the funds you are entitled to.
What records must a charity keep for tax purposes?
A charity must keep accurate financial records, including income and expenditure, bank statements, receipts, and records of donations and Gift Aid declarations. Additionally, records of payroll, VAT, and any taxable activities must be retained. These records must be kept for at least six years. An accountant can help you set up an efficient record-keeping system and ensure that all documentation is in order for HMRC and the Charity Commission.
How often should a charity review its financial procedures?
A charity should review its financial procedures at least annually, or whenever there are significant changes in activities or regulations. Regular reviews help identify weaknesses internal controls and ensure compliance with current accounting standards. An accountant can conduct a review of your financial systems and recommend improvements to safeguard assets and prevent fraud. This proactive approach supports good governance and financial sustainability.
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