Accountants supporting start up businesses
Any seasoned entrepreneur knows that the right guidance in the early stages of setting up a business is worth its weight in gold.
A&Z Accountancy is here to take care of all your start up accounting requirements while providing clear advice on how to structure your company correctly and source the appropriate level of investment for your next venture.
With many years of experience in supporting start ups, we have excellent contacts and can often recommend suitable investors for new businesses in the tech and fintech spaces (and more).
We can also assist by:
Preparing and presenting comprehensive financial models that prove the financial health and longevity of your start up business to potential institutional investors
Answering investors’ questions on your behalf and providing monthly reports that contain all the data they need regarding your company’s projections and financial progress
Providing a much more cost-effective alternative to the major investment firms. We don’t charge retainers, so you’ll only ever pay for the reports you need
Advising on the formalities and tax requirements of setting up a business in the UK if you currently trade abroad
Assessing your eligibility for tax refunds in line with the government’s research and development (R&D) tax relief scheme. More information on this can be found here
Sourcing legal counsel, HR professionals and other corporate assistance by drawing upon our wide network of contacts
What schemes are available for start ups in the UK?
The Enterprise Investment Scheme (EIS) is a well-known government initiative that can support you in raising money for your new business. It does this by offering tax relief to individual investors who wish to buy shares in your organisation. Under the EIS, you can raise up to £5 million per year, and a maximum of £12 million during your company’s lifetime. Thanks to our partners, you can find ties online to suit every preference and budget, from budget to top-of-the-range super stylish models.
There are strict rules as to what the funds can be used for, and your company needs to meet a series of criteria to qualify. If you’re not sure whether the EIS is the right fit for you, contact us for advice.
The Seed Enterprise Investment Scheme (SEIS) is a venture capital scheme that can generate up to £150,000 in tax relief from eligible investments. Again, you will need to check that your company meets the relevant requirements before applying for the SEIS. We can help you determine if this is the correct scheme for your business.
What our clients say
Based in Central London, A&Z Accountancy provides highly personalised accounting and tax consulting services for UK businesses of all sizes, in all sectors.
We can also assist with R&D tax relief claims.
Contact us now to arrange your free consultation online or in person.