Technology

FROM START-UPS TO STAR PERFORMERS 

We work with tech companies at every stage from start-up to maturity and exit and have even helped some become world leaders in their field. If you’re in start-up mode, we’ll help you grow effectively, by suggesting and encouraging best practice.

You may initially have a small and busy team and are quite possibly boot-strapping until you achieve greater sales or complete your seed investment round. As a founder, you should not be spending time bookkeeping and running payrolls. We can take these tasks off your hands so you can spend your time more profitably. As your outsourced financial controller, we’ll help get your budget into Xero, check your financial model is optimal and safeguard your progress by ensuring you’re financially stable.  

EXTRA HELP FROM TAX SCHEMES AND RELIEFS 

Throughout your tech company journey, we’ll make sure you’re gaining the maximum possible benefit from allowances and grants. At start-up stage, that could mean SEIS and EIS, R&D Tax Relief, Innovate UK grants etc. We can also advise on Video Games Tax Relief. 

As you scale up, you may want to attract and motivate employees by using the Enterprise Management Incentive (EMI) scheme, which also allows your staff to benefit from certain tax reliefs – especially if a possible exit is imminent.  

Further down the line, if you’re making a profit from your own IP, the Government’s Patent Box scheme with its lower rate of Corporation Tax could be of benefit. At business maturity as you look towards disposal, we’ll help you plan for tax efficiency for your personal wealth and aspects such as Capital Gains Tax. 

COMPREHENSIVE SERVICES FOR THE TECH SECTOR 

We provide effective, relevant services for tech businesses in areas such as gaming, apps, social media, fintech, legaltech and healthtech, hardware manufacturers and digital production agencies.  

Our services include, but are not limited to: 

• Bookkeeping and management accounts using Xero 
• Preparing and submitting VAT returns 
• Further CFO services such as attendance at monthly Board meetings 
• Payroll and other employee benefits 
• EIS/SEIS application 
• Annual Statutory Accounts and Corporation Tax return 
• Financial modelling 
• Company valuations 
• R&D Tax Relief/VGTR 
• EMI Schemes