Author Archives: Rachael Carey

This week Andy had an interview with the AAT to feature in an article on technology within the accountancy profession which will hopefully be coming to print soon! We are all very excited …watch this space for a link to the full article!

Massive congratulations to Andy, who made it to the prestigious Accountancy Age 35 Under 35 2018. We are all thrilled that he has received this recognition – and against such stiff competition! We certainly benefit from his expertise here at Numbers (and so do our clients!). Writes: The 35 Under 35 ranking spotlights young talent in the industry who have made significant contributions to their fields in their careers to date. Read more about Andrew Sullivan: Andrew Sullivan, Director, Numbers (UK) Ltd Sullivan joined Numbers as a trainee and progressed through the company to his current role as director. He has led the firm’s digital transformation over the past four years and has assisted clients in streamlining their business processes through implementing software platforms. Sullivan’s interest in technology has allowed him to develop a niche for forecasting and KPI reporting services to the client base and he has been part…

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… HOT OFF THE PRESS … Thanks to the identification of R&D activity within one of our clients we have been able to ensure that they do not need to pay £28,288 of Corporation Tax by the end of September. AND, they have secured a repayable tax credit in excess of £33,000. That’s over £61,000 staying in their business. Developing any new systems or processes in your business? Talk to our team about how we can look into your entitlement for R&D Tax Credits.

Construction Company – With the introduction of goodwill, we have managed to save over £21,000 in S455 tax improving the company’s future cash flow. Building Developers – By offsetting prior year losses, we have saved over £24,500 in tax! If you’d like us to find savings for you, get in touch and pop in for a cuppa and a chat!

This week we are featuring Mike and Steve. Read on to see how they are ‘Making Lives Better’ (and get in touch if you think we could do the same for you!). Mike Mike completed some late accounts for a new client – they were thrilled that there was no tax to pay. and an estimated £1,300 to come back in R&D relief. He also used the timing of the personal tax year for another client to counteract any tax due on dividends taken – this saved them £405 personally. Steve This couple has been clients of ours for many years. Due to careful management they had built up a sizeable cash pot and wanted to find a way to extract it without a huge tax cost. Steve identified a way in which the £90,000 can be put into their bank account at a tax rate of less than 7.5%.…

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Becca received the keys to her house this week – and she’s over the moon. Now she and her partner will spend all their spare time ripping out fireplaces, kitchens, and decorating! She’ll likely come to work for a rest – phew!

Rachael gained a mark of 90% on her penultimate assignment for this year. She has now submitted her final assignment and is enjoying life with less pressure and deadlines! Three more modules to go until graduation … there’s light at the end of the tunnel!

Becca recently visited one of our newer clients to train them how to use Xero to reconcile a PayPal account using the add-on ‘Expandly’. This add-on collates all Amazon and eBay sales in one place, so they can be imported to Xero. We think it’s pretty nifty! Becca also created some bank rules for them within Xero. The client was really worried that it would take her hours and hours a day – time that she doesn’t have. Becca was able to show her that with just a couple clicks of a button everything could be reconciled to the standard that we needed to do the accounts. This would actually save her an hour a day, so she was extremely pleased … to say the least!

Congratulations to our apprentice, Sydney, who was awarded ‘Team Member of the Year’ at our recent Team Vision Day – voted by the team throughout the year. She has had a difficult year, and has shown great resilience and dedication to Numbers … which was rewarded by the recognition she received on Friday. Look out for pictures of the event!

Sydney has taken a little time out of her week to cut down the number of clients that have their payslips posted out to them. By reducing the amount of paper we use, we are doing our bit – although in a small way – to save the environment. Sydney feels good that she is doing the right thing. She says: “It’s only minimal, but every little helps!!”