
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

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

LFR Accounting
Accountancy and taxation services

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

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

Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More

CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...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

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...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
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

SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...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
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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
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 high ethical standards. Additionally, they will have the necessary expertise to handle charity-specific reporting and tax requirements.
How often must a charity file its accounts with HMRC?
Charities in England and Wales must file annual accounts with the Charity Commission, and for tax purposes, they may need to submit a Corporation Tax return to HMRC if they have taxable income. The frequency depends on the charity's income and structure, but it is typically an annual requirement.
What is the role of an independent examiner for a charity?
An independent examiner reviews a charity's accounts to provide an opinion on whether they are correct and comply with the law. This role is often fulfilled by a qualified accountant who is not involved in the charity's day-to-day finances. The examiner checks for errors and ensures that funds have been used appropriately.
Can a charity claim Gift Aid on donations?
Yes, a charity can claim Gift Aid on donations from UK taxpayers, which allows it to reclaim the basic rate tax paid on the donation. This increases the value of the gift by 25%. The charity must keep records of the donor's name and confirmation that they pay sufficient tax.
Are charities exempt from paying VAT?
Charities are not automatically exempt from VAT, but certain goods and services may be zero-rated or reduced-rated. It is important to understand which supplies are eligible. A specialist accountant can advise on VAT registration thresholds and help with partial exemption calculations to ensure compliance.
What are the main responsibilities of charity trustees regarding finances?
Charity trustees are legally responsible for ensuring that the charity is solvent, well-managed, and compliant with all legal and regulatory requirements. This includes preparing annual accounts, filing returns with HMRC, and ensuring that funds are used for the intended charitable purposes. Trustees must act in the charity's best interests at all times.
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