Revenue recognition can be complex due to subscription models, deferred income, and multi-year contracts, along with the battles of R&D tax credits and software capitalization rules often requiring specialist knowledge to claim correctly.

Irregular income and project-based work make cash flow forecasting and tax planning tricky. Many struggle with tracking deductible expenses and separating personal from business finances. We’re here to simplify that.

VAT treatment on property transactions and development costs can be highly nuanced, and managing multiple entities and projects often leads to fragmented bookkeeping and compliance risks. We can solve those risks.

Time-based billing and work-in-progress accounting can complicate revenue tracking. Partner drawings, profit allocation, and compliance with professional regulations require tailored tax strategies, and accountants who are up to date of the technicalities.

Income is often sporadic and comes from multiple sources like royalties, gigs, sponsorships, and licensing, making tracking and reporting complex. Tax treatment of expenses like travel, costumes, and equipment can be ambiguous, and international earnings may trigger cross-border tax issues. We’ll remove risk of hefty, unexpected tax bill from HMRC.

Inventory management and cost of goods sold (COGS) accounting are often misreported or overlooked. Online sales, influencer partnerships, and international transactions raise VAT and digital tax issues. All things we can help with.