The stress-free way to make tax digital
This established bio-analytics company was doing well, with 12 employees and a good turnover.
However, like many others we’ve spoken to, the pressure to move to a fully digital accounting platform was causing uncertainty in their accounting infrastructure.
Xero migration and a £35k tax credit
Our first task was to perform a strategic review of the business, giving us full visibility of their position today and where they intended to be in the near future.
The next step was to migrate their accounts to Xero, setting it up for easy management. During this process, we introduced our client to our R&D partner who secured a £35k R&D tax credit.
You can find out why we think Xero is the best accountancy platform out there for small to medium businesses.
If you are struggling with a different platform or feel that you haven’t quite got to grips with Xero, we can do a full migration and setup that will make using the platform a breeze.
Background
- Company type: Bio analytics
- Annual Turnover: £800,000
- Employees: 12
Challenges
- Pending MTD issues causing uncertainty in accounting infrastructure.
Our input and the outcome
- Performed strategic review leading to full Xero migration during which we introduced them to our R&D partner that subsequently secured a £35k tax credit.
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