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Blog: News, Updates and Resources
To support our clients, business, companies and individuals we have made available a range of resources, technical updates, video tutorials and sector updates that we hope individuals and organisations will find helpful when navigating the world of finance, tax, governance and accounting.
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Welcome to the World of Self-Employment: A Tax Compliance Guide for Small Business Owners
Hey there, future entrepreneurs! So, you've decided to embark on the exciting journey of running your own self-employed business?...
Tim Wyatt
Jul 26, 20235 min read


Navigating Cross-Border Taxes: Key Considerations for UK Residents with Ukrainian Income
Get simplified guidance on UK tax obligations for Ukrainian nationals. Understand residency rules, double taxation agreements.
Tim Wyatt
Jul 18, 20234 min read


Trustees' Remuneration and Expenses: How to Ensure Compliance and Transparency
As a charity, navigating the complex world of governance and compliance can be challenging, especially when it comes to managing trustee...
Tim Wyatt
Apr 27, 20235 min read


Fixed Asset for Charities: Understanding the Criteria for Building Projects
Capitalization is an important concept in accounting and finance. It refers to the recognition of certain costs as assets on the balance...
Tim Wyatt
Apr 26, 20232 min read


Why Keeping on Top of Your Financial Bookkeeping is Essential for Charities and Churches
If you run a charity in the UK, you know how important it is to make a difference in the lives of those you serve. However, it's not just...
Tim Wyatt
Apr 20, 20232 min read


The Importance of Having a Reserves Policy for Charities and Churches
As charities and churches play a vital role in serving their communities and fulfilling their missions, it is crucial for them to have a...
Tim Wyatt
Apr 19, 20233 min read


Related Parties - Understanding related parties and their transactions in charity accounts
When it comes to running a charity, it's not just about managing the finances of the organization itself. It's also important to consider...
Tim Wyatt
Apr 4, 20232 min read


Church Office Podcast - Managing Church Finances
https://www.thechurchoffice.co.uk/blog/managing-church-finances In this video Gavin got the opportunity to talk to Tim Wyatt about...
Tim Wyatt
Feb 13, 20231 min read


Understanding Fixed Assets in Charity Accounting
This short video covers the topic of Fixed Assets in charity accounting.
Tim Wyatt
Feb 8, 20231 min read


Should my Charity register for VAT?
This short video covers the key points to consider when deciding whether to register your charity for VAT.
Tim Wyatt
Feb 8, 20231 min read


The Basics of Charity Budgeting
This short video explains the basics of charity budgeting and the key factors to consider.
Tim Wyatt
Feb 8, 20231 min read
What Level of Reserves should a Charity Hold?
This short video explains some of the key factors to consider in determining what level of reserves a charity should hold.
Tim Wyatt
Feb 8, 20231 min read


Independent Examination of Charity Accounts
This short video explains what an Independent Examination of Charity Accounts is and what it involves.
Tim Wyatt
Feb 8, 20231 min read


Understanding Materiality in Charity Accounting
This short video explains the concept of materiality in charity accounting.
Tim Wyatt
Feb 3, 20231 min read


What is Charities SORP and why is it important?
This short video explains what the Charities SORP is, and why it's important for churches and charities.
Tim Wyatt
Feb 3, 20231 min read


What are Creditors & Debtors?
In this short video, Tim explains the concept of Creditors and Debtors for those who prepare their accounts on an Accruals basis.
Tim Wyatt
Feb 3, 20231 min read


Essential of Fund Accounting Training Session with Tim Wyatt
This 1-hour training session run in partnership with Expense Plus covers topics such as: - The principles of fund accounting and common...
Tim Wyatt
Feb 3, 20231 min read


The Church Office Podcast - Financial Management and Governance
Tim was invited during the summer of 2022 on the Church Office podcast to share about some of the financial challenges churches have...
tim wyatt
Nov 1, 20221 min read


Receipts and Payments vs. Accruals Accounting for Charities
In partnership with Expense Plus, Tim recorded a short training video answering the questions: Should my charity be preparing accounts on...
Tim Wyatt
Oct 30, 20221 min read


Accounting Top Tips For Charities and Churches
In partnership with Expense Plus, Tim recorded a short training video looking at Accounting Top Tips For Charities and Churches. In this...
Tim Wyatt
Oct 30, 20221 min read
Charities and Churches Resources: Blog2
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