Claire Smith

😵 Staggering how many companies are formed annually. Great for accountants😄, but this puts pressure on resources in the industry and yet again pushes up the cost of the commodity which is accountant time...🤨 When will software come in and reset the industry? https://lnkd.in/gaM67Y3X #accounting #company #business #finance

2

The benefits of a partnership or merger By combining forces, merged accountancy firms can benefit from a variety of advantages. 📈 Partnerships and mergers are powerful tools for business growth and success. They can help companies to expand their customer base, develop new products or services, and create new efficiencies. Accountancy firms are merging in ever-increasing numbers, and for good reason! 🤝 Firstly, they can pool their resources together, allowing them to provide a more comprehensive range of services to their clients. 🤝 This means that they can access more data and technology, giving them access to the latest information and trends in the sector. 💻 Secondly, merged firms can benefit from economies of scale, allowing them to reduce costs and increase efficiency when tackling large projects. 💳 A successful partnership or merger can open up new opportunities and create a competitive advantage. Finally, merged firms can tap into a larger pool of experienced accounting professionals. 🤝 This can help them to get the best out of their teams, and ensure that clients get the most from the services they offer. 🙌 When considering a partnership or merger, it is important to identify the objectives of the deal and assess the capabilities of each partner. It is also important to ensure that the deal is structured in a way that is beneficial to both parties. Merging accountancy firms is a great way to take advantage of the many benefits that this offers. 🤝 #accountancy #economiesofscale #Merger #BusinessGrowth

2

1 Comment

The benefits of a partnership or merger By combining forces, merged accountancy firms can benefit from a variety of advantages. 📈 Partnerships and mergers are powerful tools for business growth and success. They can help companies to expand their customer base, develop new products or services, and create new efficiencies. Accountancy firms are merging in ever-increasing numbers, and for good reason! 🤝 Firstly, they can pool their resources together, allowing them to provide a more comprehensive range of services to their clients. 🤝 This means that they can access more data and technology, giving them access to the latest information and trends in the sector. 💻 Secondly, merged firms can benefit from economies of scale, allowing them to reduce costs and increase efficiency when tackling large projects. 💳 A successful partnership or merger can open up new opportunities and create a competitive advantage. Finally, merged firms can tap into a larger pool of experienced accounting professionals. 🤝 This can help them to get the best out of their teams, and ensure that clients get the most from the services they offer. 🙌 When considering a partnership or merger, it is important to identify the objectives of the deal and assess the capabilities of each partner. It is also important to ensure that the deal is structured in a way that is beneficial to both parties. Merging accountancy firms is a great way to take advantage of the many benefits that this offers. 🤝 #accountancy #economiesofscale #Merger #BusinessGrowth

3

1 Comment

The benefits of a partnership or merger By combining forces, merged accountancy firms can benefit from a variety of advantages. 📈 Partnerships and mergers are powerful tools for business growth and success. They can help companies to expand their customer base, develop new products or services, and create new efficiencies. Accountancy firms are merging in ever-increasing numbers, and for good reason! 🤝 Firstly, they can pool their resources together, allowing them to provide a more comprehensive range of services to their clients. 🤝 This means that they can access more data and technology, giving them access to the latest information and trends in the sector. 💻 Secondly, merged firms can benefit from economies of scale, allowing them to reduce costs and increase efficiency when tackling large projects. 💳 A successful partnership or merger can open up new opportunities and create a competitive advantage. Finally, merged firms can tap into a larger pool of experienced accounting professionals. 🤝 This can help them to get the best out of their teams, and ensure that clients get the most from the services they offer. 🙌 When considering a partnership or merger, it is important to identify the objectives of the deal and assess the capabilities of each partner. It is also important to ensure that the deal is structured in a way that is beneficial to both parties. Merging accountancy firms is a great way to take advantage of the many benefits that this offers. 🤝 #accountancy #economiesofscale #Merger #BusinessGrowth

1

1 Comment

The benefits of a partnership or merger By combining forces, merged accountancy firms can benefit from a variety of advantages. 📈 Partnerships and mergers are powerful tools for business growth and success. They can help companies to expand their customer base, develop new products or services, and create new efficiencies. Accountancy firms are merging in ever-increasing numbers, and for good reason! 🤝 Firstly, they can pool their resources together, allowing them to provide a more comprehensive range of services to their clients. 🤝 This means that they can access more data and technology, giving them access to the latest information and trends in the sector. 💻 Secondly, merged firms can benefit from economies of scale, allowing them to reduce costs and increase efficiency when tackling large projects. 💳 A successful partnership or merger can open up new opportunities and create a competitive advantage. Finally, merged firms can tap into a larger pool of experienced accounting professionals. 🤝 This can help them to get the best out of their teams, and ensure that clients get the most from the services they offer. 🙌 When considering a partnership or merger, it is important to identify the objectives of the deal and assess the capabilities of each partner. It is also important to ensure that the deal is structured in a way that is beneficial to both parties. Merging accountancy firms is a great way to take advantage of the many benefits that this offers. 🤝 #accountancy #economiesofscale #Merger #BusinessGrowth

1

1 Comment

We often get questions from temporary accountants regarding how they can position themselves to be considered for a permanent accounting role. See below some steps to help transition from temporary to permanent work. For more information on temporary or permanent accounting jobs, please get in touch with Grace Caraher on 01 592 7864 or [email protected]. #tempaccounting #contractaccountants #accountingjobs

17

2 Comments

What is the VAT threshold? By Tim Adler on Small Business UK - Advice and Ideas for UK Small Businesses and SMEs At what point does your small business have to start paying VAT? Should you voluntarily pay VAT? And what are legitimate ways to stay under the VAT threshold? The post What is the VAT threshold? appeared first on Small Business UK. #birmingham #webdesign https://lnkd.in/ecXWn_mE

2

Households pay £1.4bn in IHT in two months HMRC has collected £1.4bn in inheritance tax in just two months, according to new data. The figures from HMRC show a £200m increase compared to the same period the previous year. In the 2023/24 tax year, inheritance tax raised £7.499bn for HMRC. Analysts predict that this figure will rise significantly if the years ahead. Freezes on thresholds over the last few years, along with decades of house price rises have brought more and more estates into the tax band. 

1

If you're finding yourself inside IR35 and need a PAYE solution, look no further than umbrella company employment. Here’s why it's a game-changer: 1️⃣ Continuous Employment: Simplify your employment history with a single, continuous period of employment. Easier access to credit and mortgages? Yes, please! Plus, you keep your employment rights even between contracts. 2️⃣ Employment Rights: Enjoy all the benefits UK law grants employees, like paid holiday, sick pay, maternity/paternity pay, and access to a workplace pension. Agency PAYE doesn't always offer full employment rights! 3️⃣ Pension Auto-Enrolment: Get enrolled in a pension scheme with contributions from your umbrella company. If you have an existing pension, some umbrellas can contribute to it on a salary sacrifice basis – perfect for your tax planning strategy! Before you choose your umbrella company, make sure they’re fully compliant and can contribute to your existing pension. Bonus points if they offer extra benefits to make your contracting life even better! 🎉 At Fair Pay Services, we’re here to make your payroll process smooth and stress-free. Choose wisely and empower your contracting journey! 🚀 #RecruitmentAgencies #Recruitment #UmbrellaCompany #Contractors #Payroll #Northampton

5

The Spring Budget 2024 announced an increase to the VAT threshold from £85,000 to £90,000, effective from 1st April 2024. This adjustment will exempt approximately 28,000 small businesses from paying VAT altogether. Read more here... https://lnkd.in/erMBPTMk #smallbusiness #Budget2024 #VAT #familybusiness #accountancy #accounts #tax #moneymatters #accountancyfirm #lancashirebusiness #localaccountants #accountingfirm #financialservices #taxprofessionals #bookkeepingexperts #smallbusinessaccounting

2