We are specialist charity accountants, auditors, and examiners. Our latest Charity News report includes the accountancy support available for the not-for-profit sector after the autumn budget. We consider the impact of recent legislative, reporting and tax developments to give you the latest guidance.
Charities and the cost of living crisis
Maintaining income levels is a particular concern for nearly all charities. Recent research published by the Charities Aid Foundation revealed that 13% of people are planning to reduce the amount they give to charity as they manage the implications of rising costs on their own finances.
It’s not just financial donations that show the decrease, with the number of people volunteering their time also decreasing when compared to pre-pandemic levels.
See the full report here
Our specialist services for the charity and not-for-profit sector include:
Audits and independent examinations I Accounts preparation I Compliance with the Charities Act 2011 I Advice on tax I Trustees responsibilities