Poorly structured businesses haemorrhage money in overpaid taxes. Simple lack of pre-year-end tax planning sees HMRC collect £billions in overpaid taxes. To let you into a secret, HMRC only want you to pay the tax you owe, not a penny more!

The accounting function is dead-time, it makes you £0, nothing. It simply costs you time and money. It needs to function at the click of a button and not hours of mundane data entry. Meaning software and automation are non-negotiable. A poorly structured accounting function wastes of hours of time, and consequently stops you earning, costing you money.

Cobbling your VAT accounts together every quarter, or your accounts 6 months after the year-end will give you absolutely no insight into the position of the business. You will have no idea about what potential tax bills that could be due imminently. A lack of real-time accounting information means you could make potentially business crippling decisions, or worse miss out on hugely profitable opportunities.

Leaving everything to your accountant to ‘sort’ without the knowledge of what they do, how they do it and why they do it, leaves you hugely exposed and vulnerable. Not understanding your financial situation or how to get a view on it can result in terminal business disasters.