We believe a great accountant will do more than just keep your books in order. From our base in Sutton Coldfield, we work with small and medium sized businesses across the Midlands to ensure they make smarter decisions through a solid grip of their finances. We'll help you get control of your business using financial fact, not guesswork.
Top-performing companies thrive on accurate financial insight. As one of Xero's first UK partners (since 2010), we've been a pioneer in the cloud accounting model - where client and accountant work with real-time financials. So we spend less time number-crunching and more time giving great advice. We call it 'Informed Accounting'.
From April 2019, all VAT-registered businesses with a turnover above £85,000 p.a. will have to maintain records digitally and process VAT returns through a digital accounting system.
Today, only 11% of VAT returns are filed this way, so if you don’t currently use compatible software this could have a real impact on how you work. With just over 6 months until MTD becomes compulsory, it’s vital you start understanding what is involved now - as it will take time to adjust to the new process.
The team at Inform Accounting has provided valuable support as our strategic advisory partners. Planning our targets and reviewing performance has significantly helped the business run smarter and more efficiently.
Inform use modern technology to reduce workload and present data in a useable way - something that is refreshingly different to other practices.
An Accountant to me is more than one person, it's about the whole team who make the daily tasks of my business work. Inform Accountants help us keep on top of our payroll, HMRC interactions and compliance, as well as offer us fantastic support on Xero, which is vital to our business.
If you're looking for your next Accountant then this is the team you want to deal with.
We began working with Inform for strategic business advisory services. Since then, they have gone on to provide a fully outsourced accounting department for us, and helped us restructure and grow our business.
They have provided an invaluable service and are a pleasure to work with. I would highly recommend Inform for any growing business.
The Inform team has transformed our approach to accounting and management information within the business.
By implementing the latest software platforms, such as Xero, we now have real-time access to accurate cash flow and forecasting data, enabling the business to make better-informed and more agile decisions.
The deadline for filing the 2017/18 self-assessment tax return of 31 January 2019 has now passed. You filed your return on time and paid the tax that you thought was due, but you know realise that you have made a mistake.
Parents affected by the High-Income Child Benefit charge (HICBC) can be forgiven for thinking that there is no point is registering for child benefit if they are only going to have to give back everything they receive in the form of the tax.
A popular profits extraction strategy for personal and family companies is to extract a small salary, taking further profits as dividends. Where this strategy is pursued for 2019/20, what level should be the salary be set at to ensure the strategy remain tax efficient?