Accountancy for Non-Profit Organisations

 Accounting for Charities & Non-profit Organisations

If you are looking for accountancy for non-profit organisations then A to Z Accountants can help. Non-profit organisations are tax-exempt and have many have charitable status, they include churches and organisations that are community-based such as scouts, girl guides, universities and other educational establishments, advocacy groups and animal welfare groups. Some of these companies are automatically tax-exempt, such as educational establishments. Others have to apply for charitable status and have to adhere to a certain set of rules and regulations. We can advise and help you to set up this status if necessary.

What does charitable status mean for my organisation?

Charities are subject to a number of favourable tax reliefs. We can help you understand what is not taxable. You must be recognised by HRMC to be able to apply these reliefs to your tax submissions. Some examples of “charitable expenditure” from which you would be free of paying tax on are:

  • Donations
  • Rental and investment income
  • Profits through trading
  • Profits on assets sold or disposed
  • Property purchased

Bookkeeping and Reporting

As part of our accountancy for non-profit organisations, we realise how important it is to keep good records of your tax returns for HRMC. You are still privy to audits that can happen at any time. If it does, you will be glad that all your paperwork is in order and you kept it accurate and up-to-date. We work with you to make sure there are no discrepancies in your books.

Get in Touch

If you are looking for accountancy for non-profit organisations or have any questions get in touch today for a free consultation. Fill out the form on our contact page and we’ll get back to you within 24 hours.  Alternatively, email us or call direct using the details below. Our aim is to use our experience and expertise be as honest and up-front as possible, giving good advice and saving you money.