Sibbalds launch a recession friendly accounting solution for small businesses

27 October 2008

As a leading adviser to small businesses, Sibbalds are accutely aware of the difficulties they face in times of recession. Many business owners will be looking to reduce costs wherever possible, and one area which is regularly reviewed in a difficult economic climate is the compliance costs of accounting fees.

To help in these difficult times, Sibbalds have launched a cost effective solution to ensure that businesses can meet their regulatory requirements without unnecessary expense.

Payable by standing order, and starting at £20 per month plus VAT, businesses receive a spreadsheet based system which records income and expenditure, and produces a profit and loss account. VAT registered businesses can also use the system to work out the VAT due. Sibbalds will provide the users with a handbook to guide them through the use of the system, and at the end of the year Sibbalds will produce the accounts and tax returns for submission to the relevant authorities.

To subscribe to the service please contact David Bowler or Iain Young on 01332 242257, or complete the online enquiry form.