Keeping your business on track and understanding its financial health will help you drive your business in the direction you want it to go. The preparation and reporting of your accounts gives you the information you need to ensure it is on course and will deliver the profits you are targeting. Budgeting & forecasting, particularly cash flow forecasting, allow you to plan ahead to ensure that your business always has the resources it needs.

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Our services include:

- Statutory accounts

- Management accounts

- Book-keeping and VAT

- Budgeting & Accounts projections

- Cash flow forecasts - we recommend ‘Fluidly’ integrated with Xero, where applicable.

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Making Tax Digital (MTD)

Businesses will be increasingly required to be fully compliant with Making Tax Digital (“MTD”). Many individuals, businesses and landlords are still unaware of this major development by the government and HMRC. MTD is required for all VAT-registered businesses & landlords with turnover above the VAT threshold and will be extended in the coming years. It is mandated that MTD-compliant accounting software, such as Xero, is used. This should be put in place immediately, even before the actual requirement date, to ensure everything is running smoothly. Call us now if you are unsure of your obligations.

 

Eildon Finance can assist with the setting up or transition to a cloud-based accounting system and providing skilled support, removing clients from the burden of accounting and tax compliance.

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We can provide all potential clients with a tailor-made proposal and quotation on a fixed fee basis to cover most services and that suits your business needs.

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To find out more about our services, email admin@eildon.co.uk or call us on 0191 645 1104.