Authentic

Authentic green credentials:

  • As individuals, our green ethics date back to the 1980’s supporting Greenpeace, CND and Green Party policies
  • Our founder has accountancy (FCCA) and environmental conservation (Oxford) qualifications
  • Accountants can influence actions by presenting a persuasive business case for caring about the environment
  • Green Accountancy was formed in 2007 to help owner managed businesses reduce environmental impacts

Sectors

Supporting sustainable business, social enterprise and charities

  • People working in ethical sectors come to us because of our green credentials
  • We have gained considerable expertise in working in these sectors
  • We enjoy helping and learning about businesses and projects with any sustainability, social or voluntary slant
  • We understand the balance between financial and non-financial objectives

Specialists

Specialist tax advice for the ethical sectors

  • Grants have special accounting, tax and VAT rules – we ensure you get it right and don’t pay too much tax on grants
  • VAT is the most complicated tax, with special rules for charities, energy saving, solar installations
  • Many social enterprises rely on volunteers – we know the rules that matter
  • Barter transactions feature prominently – don’t fall foul of the VAT, NI and Tax rules
  • Charities don’t have a blanket exemption from tax – we know when tax can arise and how to minimise it
  • Many of these areas will be unknown to local accountants not specialising in the ethical sectors
  • Tell us about your particular transactions and situation…

 

Tax Ethics

Tax Ethics

  • We read the press and we are often asked about the ethics of tax planning
  • No accountants work in tax evasion (it’s illegal)
  • We take this further – we do not work in tax avoidance (legal but contrived schemes)
  • Our stance in this area is simple: use tax reliefs as government intended, no more no less
  • This means we don’t exploit “loopholes” where business avoid tax in unintended ways
  • We do use tax reliefs to ensure you pay the minimum correct tax
  • When there are alternative options we explain the risk of problems as well as the tax amounts.
  • All of our work is prepared on the basis that it can stand any scrutinisation
  • We are very cautious – we do not want you to have any problems with HMRC
  • Tell us about your tax stance and how you would like to reduce tax risk as well as tax due amounts…

 

Carbon Accounting

Carbon Accounting – How to measure and reduce carbon pollution

  • Our founder was an early advocate of the links between carbon pollution and climate change
  • We were pioneers in understanding the carbon pollution of small businesses (20% of UK emissions)
  • We created a system called Carbon Accounting for Smaller Entities
  • Our system has been taken up by the ACCA and promoted to all UK accountants as “Factsheet 190
  • David York (then head of auditing practice at the ACCA) explains carbon accounting in his video here.

Carbon Accounting for Smaller Entities

Carbon Accounting Spreadsheet Template

Why small businesses should consider the environment

What can you do to improve your environmental impact

How small businesses can improve their impact on the environment

Writing an Environmental Policy

 

Many of our clients are sustainable businesses, social enterprises or charities.  We work with:

  • Individuals needing tax returns
  • Sole traders / Self-employed / Freelancers
  • Letting businesses and landlords
  • Contractors and consultants
  • Partnerships,
  • Limited Liability Partnerships (LLP)
  • Companies Limited By Shares (known as CLS or LBS)
  • Companies Limited By Guarantee (known as CLG or LBG)
  • Community Interest Companies (CIC)
  • Co-operatives and Community Benefit Societies (formerly Industrial Provident Societies)
  • Charities
  • Charitable Incorporated Organisation (CIO)
  • Social Enterprises
  • Not for profits – or not for distributable profit (NFP)

Environment

We are uniquely qualified in both accountancy and environmental conservation.  Our work is based on environmental principles in three ways:

  1. We minimise our own environmental impacts.  We recognise that no accountancy firm creates huge pollution, but nonetheless we do our bit to minimise our pollution.  This includes never flying, minimising car use, producing more solar electricity than electricity we use on an annual basis.
  2. We help and encourage individuals, small businesses, charities and social enterprises to minimise their impacts.  We believe that organisations minimising their environmental impacts benefit with growth, improved efficiency and improved stakeholder relations.  All points that accountants should be able to help achieve
  3. We are working hard to change the accountancy profession to consider environmental issues as a matter of course.  We have been speakers at a number of national accountancy conferences explaining to accountants why considering the environment is an important part of all advice to small organisations.

Our approach to combining accountancy and the environment is straightforward.  First we give the very best business, accountancy and taxation advice.  Then we support our clients, to the extent that they request, with explanation of why and how your businesses environmental impacts can be reduced.

 

Social Enterprises

We understand social enterprises
  • Empathy and support for non-financial objectives
  • Balance between financial and social goals
  • Community Interest Companies
  • Cooperatives
  • Companies Limited by Guarantee
  • Charities
  • How tax affects social enterprises
  • How to minimise tax and tax risk
  • Grants: accounting, tax and VAT
  • Feed in tariff: accounting, tax and VAT
  • Carbon accounting and pollution reduction
  • We never exploit tax loopholes