THE TAX ADVISERS' BENEVOLENT FUND
Provide assistance by way of information, support and grants to members and former members of the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) and their dependants who are in need. Provide grants to CIOT and ATT students who are unable to afford the fees payable and certain other costs necessary in order to sit the examinations.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £674,659, representing the majority of the charity's total funds of £691,530. The trustee reports that reserves are held to provide financial stability and to meet potential long-term claims, with a policy of transferring surpluses to reserve. The independent auditors confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“The Tax Advisers’ Benevolent Fund paid the Worshipful Company of Tax Advisers £nil (2024: £2,400) for playing cards and £nil (2024: £272) for insurance during the year.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £48k | £46k |
| 30/06/2024 | £41k | £19k |
| 30/06/2023 | £38k | £23k |
| 30/06/2022 | £18k | £26k |
| 30/06/2021 | £27k | £21k |
Common questions
Is THE TAX ADVISERS' BENEVOLENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £674,659, representing the majority of the charity's total funds of £691,530. The trustee reports that reserves are held to provide financial stability and to meet potential long-term claims, with a policy of transferring surpluses to reserve. The independent auditors confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.
Who funds THE TAX ADVISERS' BENEVOLENT FUND?
Funders whose own accounts filings name THE TAX ADVISERS' BENEVOLENT FUND as a grant recipient include THE CHARTERED INSTITUTE OF TAXATION, THE ASSOCIATION OF TAXATION TECHNICIANS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHARTERED INSTITUTE OF TAXATION | FY2023 | £15k | Grants payable to tax charities, other charities and individuals to help meet the core operating costs of providing free tax advice to persons who cannot afford |
| THE CHARTERED INSTITUTE OF TAXATION | FY2024 | £15k | Grants payable to tax charities, other charities and individuals to help meet the core operating costs of providing free tax advice to persons who cannot afford |
| THE CHARTERED INSTITUTE OF TAXATION | FY2025 | £15k | Grants payable to tax charities, other charities and individuals to help meet the core operating costs of providing free tax advice to persons who cannot afford |
| THE CHARTERED INSTITUTE OF TAXATION | FY2022 | £15k | Grants payable to tax charities, other charities and individuals to help meet the core operating costs of providing free tax advice to persons who cannot afford |
| THE ASSOCIATION OF TAXATION TECHNICIANS | FY2022 | £3k | Grants payable to tax and other charities to help meet the core operating cost of providing free tax advice to persons who cannot afford to pay for professional |
| THE ASSOCIATION OF TAXATION TECHNICIANS | FY2024 | £3k | Grant to the Tax Advisers’ Benevolent Fund |
| THE ASSOCIATION OF TAXATION TECHNICIANS | FY2025 | £3k | To help meet the core operating cost of providing free tax advice to persons who cannot afford to pay for professional help or training and to promote public un |