Finance Score: 3
Governance Score: 6
Support Score: 8
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Overall weighted support: +8
Overall GiG Score: 17 ?

TAXAID UK

A specialist provider of free advice on tax and tax debt to the low paid, achieved through a national helpline, a website, and face-to-face services in London and major cities. Represents the low-income taxpayer to government and HMRC.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£1,128£1,065£62£70£344£3313.718120
31/03/22£940£882£58£62£282£2813.81580
31/03/21£967£930£37£76£224£2222.91580
31/03/20£964£979£-16£38£187£1782.21580
31/03/19£1,011£990£21£51£202£1692.11580
31/03/18£915£915£0£31£181£1712.2110
31/03/17£786£867£-81£16£181£1772.4110
31/03/16£949£1,025£-76£17£262£2623.1130
31/03/15£1,475£1,418£57£43£338£3332.8160
31/03/14£1,310£1,251£59£43£281£2812.7140
31/03/13£1,229£1,282£-53£37£222£2222.1100
31/03/12£1,153£1,132£21£40£275£2572.7100
31/03/11£993£993£0£27£254£2402.990
31/03/10£899£778£121£22£254£1993.170
31/03/09£659£636£23£30£133£1332.560
31/03/08£651£608£43£31£110£981.950
31/03/07£471£471£0n/an/an/an/an/an/a
31/03/06£351£349£2n/an/an/an/an/an/a
31/03/05£308£309£-1n/an/an/an/an/an/a
31/03/04£319£300£20n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 6.3%
Fundraising Costs/Total Spending: 6.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 27%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 3.7 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.9
Asset Split ?
Balance Sheet History
Established: 27 years

www.taxaid.org.uk

info@taxaid.org.uk

02078034950

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Other education support
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
HM Revenue & Customs£746,418
City Bridge Trust£150,000
DCMS£35,670
Specific Donations
Amount When
Months
To be used for
City Bridge Trust - Grant to TaxAid
£150,000 23/05/2023
36
£150,000 over three years (£48,000; £50,000; £52,000) towards tax advice provided for people residing in London, including for a full-time Tax Adviser salary and on-costs, promotion materials and a contribution to overheads.
HM Revenue & Customs - HMRC Grant Funding
£409,600 01/04/2021
Supporting HMRC customers who need extra help accessing HMRC services
DCMS - Coronavirus Community Support Fund
£35,670 03/07/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public ....more
HM Revenue & Customs - HMRC Grant Funding
£336,818 01/04/2020
Supporting HMRC customers who need extra help accessing HMRC services
HM Revenue & Customs - HMRC Grant Funding
£334,160 01/04/2019
Supporting HMRC customers who need extra help accessing HMRC services
The Clothworkers Foundation - Grant to TaxAid UK
£7,000 31/08/2018
purchase of an IT Server for a charity which works with disadvantaged minority communities London
HM Revenue & Customs - HMRC Grant Funding
£410,000 01/04/2018
To provide advice and support to people who need extra help understanding and complying with their obligations and claiming their entitlements. To assist customers who are currently digitally excluded to build their confidence and capability to use ....more
City Bridge Trust - Grant to TaxAid UK
£58,000 14/03/2018
£58,000 (2 x £29,000) for running costs to extend TaxAid UK's London Advice service by 12 hours per week for two years.
HM Revenue & Customs - HMRC Grant Funding
£410,000 01/04/2017
To provide advice and support to people who need extra help understanding and complying with their obligations and claiming their entitlements. To assist customers who are currently digitally excluded to build their confidence and capability to use ....more
Henry Smith Charity - Grant to TaxAid UK
£50,200 17/09/2015
24
towards two years' salary of a Tax Adviser at a project providing tax and tax debt advice to low-income tax payers across the UK
Dulverton Trust - tax advice services
£40,000 10/06/2015
tax advice services
Dulverton Trust - the development of regional tax advice services
£30,000 15/02/2012
the development of regional tax advice services
Esmee Fairbairn - Grant to TaxAid UK
£85,000 22/09/2011
Towards developing tax awareness training via interactive e-learning and information resource videos for UK-wide generalist money, debt and employment advisers.
Lloyds Bank Foundation - Grant to TaxAid
£20,000 29/03/2011
the salary and NI costs of the Tax Adviser
National Lottery Community Fund - Tax debt advice for disadvantaged and vulnerable taxpayers
£301,972 10/08/2010
60
This project provides free, professional tax advice for people who are mentally ill and on low incomes that have tax debt. Due to their mental ill health, they are often unable to cope with these determinations and subsequent correspondence with Her ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 43-76
  • EMMA LOUISE CLARKE Appointed: 2021, Occupation: Charity Ceo
  • JONATHAN DAVID PEACOCK QC Appointed: 2017
  • KEVIN JOHN NICHOLSON (Chair) Appointed: 2017, Occupation: Tax Partner
  • MATTHEW JAMES ELLIS Appointed: 2022, Occupation: Partner At Deloitte Llp
  • NICHOLAS PAUL EDWARDS Appointed: 2021, Occupation: Director
  • PAUL MORTON Appointed: 2019, Occupation: Retired
  • STEPHEN BANYARD Appointed: 2012, Occupation: Retired Civil Servant
  • VICTORIA ELIZABETH HEARD Appointed: 2021, Occupation: Tax Partner
Legal constitution
  • Charitable company registered in England & Wales on 13/06/1997, number: 1062852
  • Registered at Companies House on 21/05/1997, number: 03374001
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; all on time
Main office

TaxAid
30 Monck Street
LONDON
SW1P 2AP

Objectives

[A] TO PROVIDE ADVICE AND ASSISTANCE IN TAX AND FINANCIAL MATTERS TO PERSONS IN FINANCIAL NEED . [B] TO ADVANCE PUBLIC EDUCATION ABOUT ALL ASPECTS OF TAX AND TAX DEBT.

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving

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