Accounting for charities & non-profit organisations

Anyone who runs charities knows how it differs from running a business, both in terms of motives and objectives. HMRC treats non-profit organisations and charities very differently to businesses, offering some unique tax breaks in the process.  If a charity is recognised by the tax authority, it will benefit from certain tax reliefs. This is[…]

The politics of tax breaks

How did we end up with such a complex system of tax reliefs? If there’s one thing accountants love, it’s identifying obscure tax reliefs to which you may be entitled and using them to reduce your tax bills. Tax reliefs, or tax breaks as they are sometimes called, aren’t without controversy, however. There are too[…]