Technology Accountants that Help You Grow yourTechnology Business

Our business advisory service model aims at helping tech businesses identify their strengths while overcoming their weaknesses to unlock the ultimate growth potential of their business idea. Our expert business advisors and accountants provide strategic guidance that leads tech businesses to develop projects that help them achieve their goals.

As your business grows, however, you need much more than a business vision to achieve sustainability of success rate. Our leadership training programs, smart dashboards, and Profit Mastery tools and strategies will help you manage your finances, improve your business performance, get access to regular financial reports and bag meaningful fundings while having productive business workflows.

If you were the only one responsible for your company’s financial success so far and are now aiming at a higher point of success to achieve in future, you may find yourself in a state where you’re unsure of how to maintain the success moving forward. Most Large enterprises and tech firms hire Chief Financial Officers CFOs to overcome these challenges as they help them manage their financial operations, and make better strategic decisions. We at Clear House Accountants are assisting CFOs and businesses within multiple industries with expertise in internal control analysis, budget assistance, cash flow projection, cost analysis, R&D grant compliance, staff training, and more.

We have partnered up with the biggest names in the world of cloud accounting software and equip our clients with their services to the utmost degree. We also provide training sessions to enable our clients to understand the accounting software and get the most value from these tools while having complete control over their finances and privacy. The huge marketplaces built around Xero and Quickbooks enable them to potentially cater to almost all needs a business might have and that could previously be covered using an ERP only.

UK tech startups struggle to understand the R&D tax credits and their application. Clear House Accountants, with years of experience, know all about the complicated procedure around tax schemes including R&D and the challenges faced by innovative digital companies during this process. We have been helping businesses boost investment in developing their innovations by reducing their tax bills by rightfully claiming R&D tax reliefs. Having successfully completed many claims for clients, we understand the process and the potential challenges it comes with.

Patent box relief, alongside other tax reliefs, including R&D tax credit, can allow small businesses to work in a very efficient and proactive business environment. We at Clear House Accountants help our clients owning tech businesses contribute to the knowledge economy by translating their intellectual property into tangible assets.

Your financial statements and accurate statutory accounts are critical factors in securing meaningful funding support and investments while establishing a financial track record exhibiting your plans for future acquisitions and initial public offerings. Let the leading accountancy in the UK take care of putting together your Statutory Accounts according to the requirements set up by the Companies House ensuring that your accounts reflect your financial position clearly, helping you define your taxation terms according to HMRC compliances and allowing you the benefit of tax allowances wherever applicable.

We emphasize the growth potential of your business and work hard towards providing you with the resources and strategies that you need to exhibit limitless potential. Our business growth strategies will help you make the most out of this fiercely competitive marketplace and grow beyond the scope. As your technology company evolves it can progress to a transition point where you may consider multiple options of mergers, acquisitions by an outside party, or perhaps opting for IPO. We understand the importance of effectively designed growth strategies and exit plans to ensure full protection for you and your employees during business transitions.

Clear House Accountants provide their clients with transparent and easy-to-understand financial models to help them better understand their business standings. Financial modelling allows them to make better financial decisions during business expansion or contraction. With the help of our professional advisors, you can keep an eye on the entirety of your tech business through accurate financial statements, operational cash flow overview, and KPI Analysis.

As your tech company grows, so does the need for employee recruitment and more employees mean expanding payroll and unstructured processes. A business in this situation needs smart payroll management to ensure effective and smooth operational flow. Clear House Accountants help you manage your unstructured payroll processes ensuring that your staff gets paid in a timely manner while keeping everything in line with the ever-changing payroll legislation. Along with providing effectively managed payroll services, expatriate payroll management, employee expenses management, pension schemes, and executive compensation services.

As a tech business you might be looking to get Seed or Series funding, or thinking of going into a merger, or to get acquired. Each of these steps requires an appropriate valuation to make sure you are getting your money’s worth? Clear House Accountants with the help of in-house valuation experts understand how it can get extremely complicated to value a business with a non-traditional business model. Our 5 state of the art valuation methods look at Qualitative, Quantitative and Investor Return aspects of a business to create the perfect valuation method. This makes our valuation suitable for Fundraising, Selling a Business or for Intra Party agreements. Our valuation model is compliant with International Private Equity Valuation Guidelines. Our valuation used industry-grade data and is tailored to the respective industry it is being created for.

These schemes allow you to reward your most important employees while benefiting from substantial tax reliefs for both the company and employees. If you are looking to encourage employees to add value to your business by sharing in the risks and rewards, tax efficiently, Clear House Accountants can help you design and set up an effective scheme to drive your business growth and profitability. Not only that, but we make sure to help you out through every step of the process, such as assessing an employee’s eligibility, obtaining appropriate authorisation, setting up sharing options, and registering your scheme.

The film and media industry is a big part of the UK economy and, therefore, gets rewarded through multiple tax relief opportunities. The film tax relief is one of such rewards, however, to be eligible for it, there are a few conditions you must fulfil. Clear House accountants help you prepare and provide you advice on how to best fulfil the criteria set up by the relief. We do our absolute best to ensure you get the highest possible claim, making sure that you get the most out of your expenses back as the current caps allows you to reclaim up to 80% of the allowable expenses made.

The VGTR or video game tax relief is another creative industry tax relief that you can easily claim as a tech business dealing with video games development. Funded by the UK, the VGTR offers you a tax rebate against the money you spend on designing, production, and testing a new video game. Clear House Accountants make sure that your business is eligible to avail of the relief provided and get the most benefits out of it during your claims. From the eligibility status to filing the claim and getting an injection of cash flow, our expert tax advisors walk beside you, helping you through every step of the way.