Accountancy Outsourcing Services in London for Construction Business

According to a survey, approximately half of the construction companies shut down their offices within the first four years from the date of the start. And, one of the most common reasons for this was the improper management of the cash flow. Survey clearly stated that the contractors were not able to manage their cash flow, which ultimately forced them to close their offices. The Contractors got stuck in this bizarre scenario, because they were quite unaware about accounting principles and how to efficient manage their finances. If you too belong to the Construction industry and are facing the same situation, then the only way to save yourself and your business from this uncertainty is Accountancy Outsourcing Services.

Affinity Outsourcing – We offer Accountancy Outsourcing Services for Different Types of Construction Business in London;

  • Small Renovation Contractors
  • General Contractors
  • Owner-Builder
  • Real Estate Developer
  • Professional Construction Manager
  • Program Manager
  • Package (Turnkey) Builders
  • Sponsor-Builder

Accounting for Construction companies can yield a plenty of advantages. It allows companies to focus on business activities, proper use of business finances, and optimum use of human resources. Outsourcing Accounting companies like Affinity Outsourcing gives you access to highly experienced and trained resources. If you tend to be a startup or a small construction company, and don’t have the access to skilled employees then outsourcing your accounting tasks is the best you can do.

The Advantages Accountancy Outsourcing Services;

Accountancy Outsourcing Services sets you free so that you can focus on your business. Affinity Outsourcing has the team of highly skilled accountants and bookkeepers that are competitive and best for your business operations. They specialized in construction accounting, bookkeeping, and taxation and payroll services for construction companies across the London, UK.

  • Cost savings and efficiency
  • Operational control
  • Staffing flexibility
  • Enables innovation
  • Focus on Your Core Business

Accounts outsourcing services for construction business offered by Affinity will help you to identify the financial indicators and performance readily, enabling you to make right decisions at the right time.

Kindly feel free to Contact us today for a free consultation. Visit us at http://affinityoutsourcing.net or call us at 0203–848–4450

Accounting Outsourcing Services, London – This Is How You Can Effectively Handle Your Remote Employees

Remote staff can be gigantic resources, who can give sensible help in an extensive variety of positions in small and medium size accounting firms. By minimizing expenses without relinquishing the quality, organizations around the world have possessed the capacity to rethink the work environment condition and handle nontraditional models in new and innovative ways.

When it comes to Accounting Outsourcing Services in London, finding and enlisting the correct remote staff can be like that of finding a local accountant nearby, however a little diversely as the interviews, tests and every other procedures are carried out over the web. That is another story in any case. When you require to pull the correct representative, contract just the best, and keep a group of remote staff stimulated and upbeat, these tips will help guarantee you’re heading the correct way.

Find the Right Fit for Your Company

Hiring a team of talented bookkeepers is a huge challenge for many small and medium-sized accountant firms in London, UK. Reviewing the resumes of the candidates, interviewing those candidates and discussing their salaries, all these processes take a considerable amount of time away from a your existing obligations, which may end up hurting the business in the long run. That is the reason behind an ever increasing number of firms in London looking for Accountancy Outsourcing Services, which saves a lots of time and efforts.

Fast Hiring

Compared to past days, the job market has improved impressively, and the candidates currently have a high ground. This implies that the hiring process of candidates is longer and more troublesome than in years past. “Great talent becomes harder to find, and it becomes extremely time-consuming for firms reviewing resumes and conduct interviews, all while still being responsible for their day-to-day operations,”

“Working with a trusted outsourcing accounting services provider can save time and money. An outsourcing company can prescreen and qualify candidates to ensure you always interview those candidates who are a fit for the role.”

Testing the Skills

Accounting Outsourcing Firms allows the accounting firms in London to hire a bookkeeper or an accountant from a huge pool of talented resources instead of being limited to the geographic locations. Hiring procedure of a remote staff is like procuring any in-house employee. You will have the complete resumes of the candidates from which you can hire a candidate as per your need and convenience. You can also go for a video call, if you wish to know more about the candidate’s qualification and overall work experience in the industry. Over a video call, you can cover a wide variety of subjects such as software skills for programs like QuickBooks Online and Xero, accounting principles, journal entries, financial statement generation and analysis, and more. When you are happy with candidates’ abilities, you can employ.

Advantages of Accountancy Outsourcing Services:

There are plenty of advantages of accountancy outsourcing services; and affordability and credibility stays atop of the chart. You get access to an entire team of bookkeepers with years of experience that specializes in your exact business. Here’s a Small List of Benefits:

  • Saves time and money after training the employees
  • Recourses can adjusted as per the requirements
  • Don’t have to worry about taxes, payroll, etc.
  • Extremely affordable and least risks of attrition

You need to find a responsive and reliable staffing company that can give you the specific care and service your business requires. If you wish to know, how Outsourcing for accounting practices can help your business, please contact us at http://affinityoutsourcing.net. We offer a free consultation to understand your bookkeeping requirements.

Accountancy Outsourcing Services in London: Is Your Business Ready?

Business pioneers frequently search for approaches to deal with their organizations utilizing a savvy dispersion plan, private companies and business people discover more imaginative approaches to accomplish their business objectives, these plans bind one of the inquiries that choose for the future utilization of their assets: “Who will chip away at it?”

Outsourcing is ordinarily characterized as an outside administration given by another business association practicing on the requirements of an organization like extra assets, programming, or innovation all incorporated into a type of a bundle paid each due contract. However, beyond the description of a contractual service, an executive should ponder all the underlying factors that lead the company to outsource.

In an article by Forbes on key outsourcing, is it said “Knowing how and when to outsource can be confused, notwithstanding portraying can be entangled. Organizations by and large outsource in two different ways: they outsource a solitary segment of their everyday tasks, or they build up outsourcing as a vital piece of their business”, this implies outsourcing can simply prove to be useful however it doesn’t really ensure accomplishment until the point when you decide certain administrations that your organization is allowed to give up for activities.

Fund and bookkeeping holds a standout amongst the most basic data for an organization as the procedure capacities as an illustrative numerical guide of the considerable number of exchanges of the organization up to its income development. Managing payroll, auditing, tax consultations, and the like are one of the responsibilities held on this area, which means more information, more workload, more paper, and more resources.

On the off chance that a business pioneer has pick to outsource its assets for finance and accounting, what could be the focuses to consider if the organization is prepared to work with an outsider association? Here are the accompanying tips to effectively decide a modified administration bargain:

Systemized Work – Proposed work process with innovation will undoubtedly work with human intercession to control quality and lessen human blunders, F&A exchanges will have the opportunity to wind up robotized and incorporate a procedure recommended by the outsourcing accomplice.

Time and Tools – Access to present day gear, for example, cloud innovation, cryptographic money, and hard machines advance adaptability and more information stockpiling. This additionally empowers paperless correspondence and a bigger work space for office workplaces, liberating them to a pile of papers that hold the most seasoned exchanges.

Experience and Expertise – An outsourced staff should hold passing capabilities, for example, training, benefit understanding, work state of mind, and accessibility. These assets are an augmentation of your organization and will speak to you as indicated by their exhibitions and development.

Training – Outsourcing doesn’t end on getting an outer resources to take a shot at the necessities of your organization, a business owner must be prepared to invest in training the designated representatives of the company, and must offer all the details that will serve as their guide in terms of onboarding.

In this constantly rising industry where associations and rivalry is a blend of business achievement, a rising business leader of administration and innovation must experience operational choices that lie between remaining in customary method of bookkeeping or wandering in an advanced stage offered by outer associations that makes utilization of their specific administrations to enhance properties of the organization.

Affinity Associates has an extensive variety of services that help businesses flourish globally. With more than 30 years of experience and its exceptional pool of talents in finance and investment, Affinity can manage accurate and timely accounting reports to ensure that you keep your earnings positive and under control.

If you are planning to change the game plan then, Affinity’s Accounting Outsourcing Services in London and across the UK may help you out. Find more by contacting us here http://affinityoutsourcing.net. For a free Consultation, just dial 0203–848–4450.

Ever Heard About Research & Development Tax Credits? If No, Here’s How It Can Benefit Your Business

Organizations ( especially small and large) over the UK are passing up a huge number of pounds worth of Research and Development (R&D) Tax Credits that can support the cost of new workers, hardware, re-put resources into encourage advancement, or notwithstanding paying out profits.

Presented by the UK Government in 2000, R&D Tax Credits is intended to energize advancement by enabling organizations to recover a portion of the cash they have spent on building up another, or enhancing a current, item, administration or procedures.

Misfortune influencing SMEs to can guarantee R&D Tax Credit reimbursement from HMRC of up to £33.33 for each £100 spent on qualifying R&D use. Benefit influencing SMEs to can assert R&D Tax Relief which decreases their organization charge by up to 230%.

Regardless of the advantages, under 1% of all qualified UK organizations have ever constructed a claim in view of its apparent many-sided quality and a misconception of what constitutes qualifying R&D action.

R&D Tax Credits Is Not Limited To Tech Or Science

It’s astonishing what number of organizations trust R&D Tax Credits is just accessible to tech new businesses or science labs. This just isn’t valid.

Any business can meet all requirements for R&D Tax Credits insofar as long as they burn through cash on building up another, or enhancing a current, item, administration or process that constitutes a “progress” in science and innovation.

Cases of a “progress” in science and innovation could be an eatery making another formula, a bottling works exploring different avenues regarding another 16 ounces or a business endeavouring to streamline its IT with some restrictive cloud innovation.

Unsure If Your Project Qualifies For R&D Tax Relief? Contact Affinity Outsourcing On 0203–848–4450 For Free Clarification or Visit us at http://affinityoutsourcing.net/

Qualifying R&D Expenditure

You can guarantee cash back on qualifying R&D use, for example, staff costs, subcontractors, consumable materials and gear, utilities (power, water and fuel) and PC programming.

Time Limit

Research and development Tax Relief claims must be presented no later than two years after the year’s end in which the cash was spent. For instance, a business with a bookkeeping year end of April 30th 2017 has until April 30th 2019 to assert or miss out.

Affinity Outsourcing – Specialist R&D Tax Team On Your Side

Affinity outsourcing is a UK owned and managed company providing a range of accountancy and tax services to UK accountants through offices in the UK and India. We are here on your side with more than 30 years of experience. For further information, dial 0203–848–4450 or email info@affinityoutsourcing.net. We also offer a free consultation.

Top 5 Points to Consider Before Opting for Outsourcing Accountancy Services for your Business in the UK

Accounting is considered as one of the most vital aspects for any business. Yet, at the same time it is one of the most painful, rigorous and bone crunching process that almost no business entrepreneur is interested into. To be honest, no one likes to play with accounts and its other relevant aspects such as tax, bookkeeping, balance sheet, etc. This is why most businesses in the UK, now consider to opt for outsourcing accountancy services. So if you happen to be one in the same field, than here are the Top 5 points to Consider Before Opting for Outsourcing Accountancy Services for your Business in the UK:

1. Experience

Experience of the outsourcing first is the first and foremost factor to be consider. Try finding out beforehand how old the outsourcing firm, how many years of experience does the firm have and how many years does the firm accountants have in handling and managing accounts of the UK businesses.

2. Expertise

With experience comes along the expertise. It is not necessary that all outsourcing accountancy firm possess all knowledge pertaining towards your business. Chances are that your business may not require outsourcing of only accountancy services, but also other services such as bookkeeping, and the firm may not possess such knowledge. In addition, some outsourcing firms may have expertise dealing with only small businesses accounts, some may large, and all these factors should be taken into consideration.

3. Team Strength

So you have find a firm who can help you out with your accounting, has enough experience and expertise, but are they able to deliver you the services on time. What if they themselves are loaded with work and are limited with resources in-house. You do not want your work to be delayed, right. So when the above two points are marked with yes, than confirm about their team strength, so you could get your work delivered on time.

4. Reference Check

The next thing that one should consider prior outsourcing their accountancy work in the UK is about the reference check. Ask for client references, see how their clients were satisfied with their work. This way you will be able to gauge properly and select the one which could turn out to be the best.

5. Affordability

Last but not the least, affordability. Irrespective to how great the accountancy outsourcing service provider is, but if it is out of the budget than it’s a strict no go. You should opt for the one, who matches in line to your budget. Try doing some research, and look for the ones who offer great on-time service, and within the budget. This does not mean that you should look for the cheapest option, yet looking for the affordable one indeed.

If you’re still confused, than contact us at Affinity Outsourcing today.

Is Your Practice Getting Stagnant? Consider Accountancy Outsourcing Services

Are you operating an accounting practice in the UK? Are you feeling that your practice is getting stagnant lately? Maybe, it is now time that you consider accountancy outsourcing services in the UK from a professional firm like Affinity Outsourcing.

These days, numerous accounting practices in the UK are becoming stagnant, considering that they are being swamped with trivial tasks, such as bookkeeping and payroll accounting, which are not only time consuming but less lucrative as well. By getting bogged down and burned out with such petty tasks, it is obvious that you will not be able to focus on bringing new clients and taking on any new work.

By engaging accountancy outsourcing services in the UK at Affinity Outsourcing, however, you will surely be able to pull your practice out of stagnancy. By outsourcing some portion or the entire accounting work of your clients to Affinity, you will be able to free yourself and your staff from the monotonous, low fee jobs. And, instead, you will be able to focus more on the expansion activities as well as the value-added accounting services of your practice, which are more profitable.

Outsourcing of accounting services is totally normal. And, if you collaborate with a reputable accountancy outsourcing provider in the UK, then there are almost no risks involved.

Many accounting practices and accountants across the UK are already engaging accountancy outsourcing services, and they are doing exceptionally well too! Not only were they able to pull their practices out of stagnancy, but in fact, were able to improve their margins too.

Read how an accountancy firm in London with less than £90,000 GRF (gross recurring fees) was able to increase its GRF to over £250,000 with our quality Accountancy Outsourcing Services.

Affinity Outsourcing is the leading provider of accountancy outsourcing in London, UK. With over three decades of experience in the accountancy practice, Affinity helps all those accounting firms and accountants who want to increase their profit margins, expand their business, and improve client satisfaction.

The professionals at Affinity Outsourcing will efficiently handle almost every accounting function of your practice, be it bookkeeping, taxation, payroll, or typical accountancy. Highest quality, on-time delivery, and clients’ data security are the top concerns of Affinity; hence, you would not have to worry about anything by partnering with Affinity Outsourcing.

There are no long-term contracts and just clear, simple pricing, which is predominantly defined to be in your best interest! Discover how our pricing works here.

Want to pull out your practice from stagnancy? Want to increase your margins? Want to improve your client satisfaction? Get in touch with Affinity Outsourcing today and seek high-quality accountancy outsourcing services. Currently, we even offer to run a free trial job so that you can see and understand just how much your practice can benefit from our accountancy outsourcing services. To contact, please head to our ‘Contact’ page now http://affinityoutsourcing.net/contact/.

Value-Added & Lucrative Services That Accounting Firms Can Provide to Their Clients

If you are an accounting practice in the UK, you should not only be focusing and providing bookkeeping and accountancy services to your clients. Business owners these days, whether small business proprietors or enterprise owners, expect more than just bookkeeping and accountancy services from their partner accounting firm. Therefore, it is absolutely crucial to take the next step and offer value-added and more lucrative services to your clients.

Some of the value-added, and at the same time, lucrative services that an accounting practice in the UK can provide to its small business clients are as follows:

Taxation Services

No one wants to pay more taxes. If there is a possibility to minimise the tax burden, then business owners would certainly want to know about it. As a reputable accounting firm, why not provide tax advice to help your clients reduce their tax liability?

Of course, the tax system is complex, but with the experience you have, you may easily understand and navigate through it. Besides, you already have the essential accounting data of your clients. Looking at this data, you can easily identify all the tax-deductible expenses and advise clients how to reduce their tax liability.

Incorporation / Company Formation Services

Many business owners do not know whether incorporation is the best way to run their business. Help such clients discover whether or not they should incorporate their business. In addition, you can also assist them with the company formation process.

Through incorporation, business owners avail not only limited liability protection, but also tax and other benefits. With the knowledge and data you have of your clients, you can advise whether they should incorporate their business to run more efficiently.

Furthermore, if your clients are already incorporated businesses, you can help them prepare and file the necessary documents to the regulatory authority, which are mandated by law. You can also help restructure their company so that they can reap optimum tax benefits.

Company Secretarial Services

Most businesses do not have adequate resources to manage all their business administrations. Nevertheless, carrying out certain administrative activities, such as maintaining statutory records, submitting statutory returns, etc. is absolutely necessary for business owners. Failing to carry out business administration tasks can levy heavy penalties on business owners and create an unnecessary financial burden for the business.

Fortunately, as an accounting practice, you can extend a helping hand to your small business clients in this regard. Your staff may already possess the required skills to carry out the necessary administrative tasks for your clients. Offer this value-added service and yield lucrative returns.

Financial Advisory Services

Every business owner wants to grow, and the best way they can do that is managing their finances efficiently. Of course, business owners themselves do not have enough time or the knowledge to improve their financial efficacy. But your accounting practice may do have such time and knowledge.

Your accountancy firm already has the essential financial data of your clients. Just process the data using your accountancy skills and identify various tax planning opportunities as well as performance enhancement measures, which you can convey to the clients.

Financial advisory is one of the most lucrative services, and almost every business owner would want to have this value-added package. Providing advisory services will certainly benefit your accounting practice immensely.

Conclusion

Being an accounting practice, providing bookkeeping and accountancy services, is just not enough today. In order to be successful, it is essential to start focusing and providing value-added services to your clients.

Of course, you first need to free yourself or your staff from the time-consuming bookkeeping and accountancy services. Fortunately, you can do that easily by engaging a reputable accountancy outsourcing services firm in the UK, like Affinity Outsourcing.

Affinity Outsourcing is a leading provider of accountancy outsourcing services in the UK. You can outsource almost every function of your accounting practice to us, be it bookkeeping, accountancy, taxation, payroll management, or anything else. We guarantee high quality and on-time delivery always. Unlike other providers of accountancy outsourcing services in the UK, we also guarantee improved margins and growth of your practice.

Outsourcing of accounting services of your practice can be the best way to better and grow your firm. Contact us today for unparalleled accountancy outsourcing services in the UK. To get in touch, click here.

Accountancy Outsourcing Services in the UK to Help Your Accounting Practice

Do you own an accounting practice? Are you growing but struggling to cope with the increased workload? Consider us, Affinity Outsourcing, for high-quality accountancy outsourcing services in the UK.

Whether you run a single-man firm or multi-partner accounting practice in the UK, outsourcing of accounting work of your clients will definitely prove to be in your best interest. If you are a successful accounting firm, you will certainly grow, maybe today, tomorrow, or somewhere in the near future. With the growth, however, you should expect more work. Now, in order to manage the growing workload, you will need skilled and qualified staff that can produce high-quality work. Finding such a qualified workforce can be challenging and time-consuming. Furthermore, even if you find a quality staff, it may prove expensive for your practice – big team that is well-qualified does not work economically.

Professional accountancy outsourcing services for accounting practices in the UK will prove beneficial for your firm in this case. By engaging a reputable firm that specialises in outsourcing for accounting practice, you first of all eliminate the need for searching and acquiring qualified in-house staff to manage the workload. Since you eliminate the need of employing a full-time, in-house staff of certified bookkeepers and accountants, you also save substantially on the money! The second notable thing about accountancy outsourcing services is their cost-effectiveness. You only pay a small proportion of the fee that you take from your client for the work. Furthermore, accountancy outsourcing services are like on-demand services, which you can get as and when you need.

Finally, by considering accountancy outsourcing services, you can completely offload the entire accounting work of your clients to the professionals, who will handle it just the way you want it to be handled.

A reputable provider of accountancy outsourcing services in the UK, like Affinity Outsourcing, carries out work exactly in the same way you carry out work in your firm. We will follow the same accounting methods and preserve the same accounting formats that you, your staff, and your clients are used to. We will also ensure accuracy and promptness because we very well understand how the goodwill of your firm depends on the quality work you deliver to your clients.

Outsourcing of accounting work of your clients may, of course, worry you. We, however, ensure the utmost security and transparency as well as seamless communication. When you give us your clients’ data, it will be stored on the utmost secured server in the UK and will be accessed only by our legitimate users. Further, in case of communication, you will have a dedicated client manager in the UK, or a team leader at our well-established outsourcing centre with whom you can contact directly without any hassle.

Accountancy outsourcing services in the UK at Affinity Outsourcing are worth considering. Get in touch with one of our professionals to learn how our accountancy outsourcing services can help your accounting practice.

Call us for a free, no-obligation at 0203 763 3250. Alternatively, you can easily contact us by filling a simple enquiry form at http://affinityoutsourcing.net/contact/.