Business and Strategy Review

One of our clients was experiencing a sudden growth in business volume but no real increase in gross or net profit as the costs also seemed to be rising with the revenue. We were engaged to identify ways of increasing profitability of the business. During our initial work, it became very apparent that the existing system was unable to cope … Read More

Tax Credit for Research and Development

We identified a tax saving opportunity for one of our clients working in a niche manufacturing arena through their research and development expenditure. Having managed to obtain preliminary approval for the qualifying R&D expenditure incurred by the company from HMRC, we successfully filed an R&D tax credit claim and saved a significant of amount of tax in the form of … Read More

Systems, Processes and Controls

We were appointed by a growing small business to review their accounting and book keeping system to ensure its fitness to the growth of the business. The business was a low value and high volume transactions business with a relatively small number of employees. Our review highlighted a number of issues including manual processes, inadequate systems and poor internal controls … Read More

HMRC PAYE and VAT investigation

We were contacted by a software company in Central London to deal with their impending HMRC investigation into their PAYE and VAT records and submissions. From the point of engagement on this assignment, we moved very quickly to establish ourselves as the single point of contact with the HMRC team, dealing with their questions and requests for documentation, allowing the … Read More