How We Deliver – Introducing Receipt Bank

How We Deliver – Introducing Receipt Bank

In our Trilogy of Value series (HERE, HERE and HERE), we explain that we deliver value-based services which make the often painful process of book-keeping a real delight. Is this actually possible, or are we making it up? Enter Receipt Bank Receipt Bank is an award-winning software add-on that converts all your bills, invoices and receipts into data, making it easy for you to send your financial information straight to us. Features With Receipt Bank’s flexible submission methods you’ll never lose another document as it’s simple to submit them instantly. You can submit in a variety of ways, choosing whichever are best for your business: Receipt Bank App (iPhone & Android) Email Post Dropbox …and more… Benefits Using Receipt Bank’s easy submission methods means that: You save time on sending in your paperwork, giving you time back to build your business You save space as there’s no need to store your physical documents You get all your financial data quickly and we are able to offer business advice based on a near real time flow of information I love it.  How can I get it? If you’d like to get started with a leading edge accounting service which includes Receipt Bank, take a look at our service offerings for Enterprises and Professionals, and book a free consultation using the big red button below. About Aiteo Consulting Aiteo Consulting provides accounting, finance and advisory services to start-ups and growth businesses in the technology sector.  By focusing on lean accounting techniques, intelligent use of financial data and a lifetime of experience in financial roles supporting technology firms, we provide a premium service to enterprises and...
The Trilogy of Value

The Trilogy of Value

Careful readers of our blog will have noticed, among the various important updates on topics such as security, budgets, and happy Christmases, an emerging theme has begun to … errm … emerge. In an earlier post (HERE), we picked up the gauntlet thrown down by our professional counterparts at KPMG and explained why Aiteo Consulting must be the accounting firm you are looking for. It’s definitely worth a read, and not simply because the Guardian Small Business Network described it as a ‘masterclass in blog writing’. @AiteoConsulting A masterclass in blog writing, well done! — GuardianSmallBiz (@GdnSmallBiz) October 23, 2015 In a follow-up post (HERE), which we can now designate as the second of a slowly developing trilogy, we introduced to you the idea of getting value for money out of your accountant – a task many find slightly more difficult than getting blood out of a stone. Your accountant should play the role of your finance director and should be central to your business. But what does that mean in practice? And if you hire us, how would we do it? So we come to the final step, and here’s hoping that, unlike the slightly more famous Hitchhiker’s Guide to the Galaxy trilogy, we don’t actually end up with five instalments. So let’s talk about value. Value means different things to different people (diffr’n’t strokes for diffr’n’t folks and all that). And in order to deliver you a service that you value, we need first to work out together what you’re looking for and tailor our service accordingly. In order to do this effectively and efficiently, there is...
When should I hire an accountant?

When should I hire an accountant?

Facing challenges as a growing small business? Maybe you’re looking for some extra funding and need to write a business plan. Maybe you’re weighing up the options about the right legal structure for the future. Or maybe you’re just ready to delegate, freeing you up to develop your business. If this is you, maybe now’s the time. Click through to our free guide, courtesy of our accounting partners at...
Happy Christmas

Happy Christmas

Whether you’re a customer, a partner, a supporter… …or one of those pesky spam bots that continually disrupts our Google Analytics… or even just someone we exchanged business cards with at Tesco… …may we wish you a very happy Christmas and a productive New Year! I heard the bells on Christmas Day Their old, familiar carols play, And wild and sweet The words repeat Of peace on earth, good-will to men! Till ringing, singing on its way, The world revolved from night to day, A voice, a chime, A chant sublime Of peace on earth, good-will to men! Then from each black, accursed mouth The cannon thundered in the South, And with the sound The carols drowned Of peace on earth, good-will to men! It was as if an earthquake rent The hearth-stones of a continent, And made forlorn The households born Of peace on earth, good-will to men! And in despair I bowed my head; “There is no peace on earth,” I said; “For hate is strong, And mocks the song Of peace on earth, good-will to men!” Then pealed the bells more loud and deep: “God is not dead, nor doth He sleep; The Wrong shall fail, The Right prevail, With peace on earth, good-will to men.” ― Henry Wadsworth...
Autumn Statement

Autumn Statement

With the dust settling on the first Autumn Statement to feature a quotation from Chairman Mao’s little red book, practitioners and laypeople alike have been scouring George’s blue book for elephant traps. Here’s our take: Working Tax Credits – public finances ride to the rescue The OBR has forecast an improved position in the public finances, giving the government the wiggle room it needs to drop its widely unwelcome plans to bring in an early phase-out of Working Tax Credits.  WTCs will be replaced in due course by the Universal Credit anyway so the Chancellor’s previous master stroke of phasing them out has been replaced by an even bigger master stroke of dropping the whole plan.  A lucky Chancellor indeed. Boom! A big hit for big business Big business will pay the cost of an ‘Apprenticeship Levy’. The Treasury’s blue book suggest that the take from this will be a whopping round £3bn rounded up.  To put that in perspective, that’s a whole 7% of the existing Corporation Tax take.  But this is not a tax rise. Oh no.  It’s a LEVY.  (We hope you can see the difference too.) In the round, the levy will apply to larger firms with an annual payroll of greater than c. £3m. But as with other stealth taxes we think big business will take a little while to come to terms with the stomach punch they’ve received. Woah! A near thing for small businesses There is a complete muddle at the moment between the intersection of travel & subsistence rules, intermediary legislation, employment status and close company rules on dividends. From the Treasury’s populist perspective, tax avoiders are hiding...