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Technology

Founders and CFOs operating in the technology sector have very specific needs. We recognise you want to work differently, with sector expertise and skills that are relevant now, delivered quickly and concisely, on time and on budget. 

Contact Brian McMurray

  • Brian McMurray
    Meet the team

    The team

  • Entrepreneurs. Start-ups. Digital, Media and Telecoms Businesses. Investors. 

    Who we can help

  • Consulting. Corporate Finance. Cloud Accounting. Employee Benefits. Entrepreneurial Tax Advice. Fundraising. Global Reach. Transaction Support. Virtual Finance Function. Wealth Management.  

    How we can help

INTEGRATING WITH YOUR CULTURE AND AMBITIONS

Software development is leading the way and our sector specialists at AAB meet founders every day who are addressing problems by designing new software. We look after industry leaders in Gaming, EdTech, EnergyTech and IOT, as well as clients in the more established sectors like IT Services.

Tech is the among the fastest growing and most important sectors in the UK. Founders have been inspired by Skyscanner and Fanduel among others. You demand expert support to better understand your numbers, translate the jargon and allow you to build confidence with your investors. Our team understands this; we keep up to speed with developments in tech and will support you with well-informed commercial and strategic advice.  

We’ll also take time to understand you as individuals and tailor our range of services to match your specific needs and culture, as well as your aspirations. 

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 
  • AAB have worked closely with us from the beginning of StormGeo Ltd over five years ago. We have found them to be a valuable partner to our business as they provide us with excellent financial, business & taxation advice.

    Alan Binley, StormGeo

  • Since 1996, OE has been an AAB client engaging throughout with high calibre staff in AAB’s accounting, audit, tax , business advisory and corporate groups. AAB know the mechanics of OE’s business and our international operations.

    Brian Gribble, Online Electronics Limited

  • AAB have been fantastic in providing SEIS and EIS support! They're incredibly responsive and always look to find solutions that work for us. We cannot recommend them highly enough and look forward to working with AAB for many years to come.

    The Directors, Clix Tech Limited

  • Commercially driven tax and financial advice provided by people who understand my business and who care about its success. A dedicated partner led team of real advisors with real commercial focus.

    Derek Smith, Maritime Developments Limited

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