Charity Accountants

Get general accounting services and specialized charity accounting benefits only with Allenby Accountants, leading accounting firm in London.

Allenby Accountants provides a comprehensive range of charity accounting services, including setting up of a charity, audits and account preparation, personal taxes and bookkeeping.

Charity accounting is one of the specialists of Allenby Accountants. At Allenby, we understand that many charities and trusts cannot afford to have full-time accountants in their firm, which is why we offer charity accountants in London on contractual basis, giving them the same benefits of having an accounts department without the expensive charges. As specialists, we ensure that every charity accounting client receives a dedicated team of individuals, who understand the complexity of regulatory requirements and maximizes benefits through professional advice.

At this point of time, charities throughout the country are facing extensive challenges due to regulations and legal frameworks, hassling with complex tax regimes and handling risk exposure, fundraising issues and stakeholder demands. But choosing Allenby’s charity accountants in London will help in easing the burden as our professionals are members of ICAEW Charity and Voluntary Sector Special Interest group, who conduct research and tailor services to suit the requirements of each client.

Our charity accounting services include –

• Consultancy and advice for charity projects
• Helping new charities get started using legal structure, governing documents
• Advising on securing funding
• Preparation of budgets
• Handling charity’s business plans and understanding their statutory obligations
• Registering, recording and maximizing gift aid potential through different schemes
• Launch small or full-scale trading operations
• Assisting with charity taxes and comprehensive VAT Reviews
• Providing information about saving VAT
• Configuring accounting software for VAT and taxes

Most individuals and groups hoping to start a charity erroneously believe that their charities would be exempted from tax. But that’s not true! While charities can get tax emptions on corporation, income and capital gains tax, they still have to pay certain taxes, like VAT. At the same time, it can be difficult or tricky to know which exemptions and reliefs can be applied to one’s charity.

This is where we can help. Our professionals have detailed knowledge of charity tax exemptions and have practical experience to structure your activities for tax benefits. So, choose to follow our advice and assistance when it comes to selecting charity accountants in London.

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