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Reduction in the Dividend Allowance
It was announced in the Budget that the Dividend Allowance will be reduced from £5,000 to £2,000 from April 2018.Read more >
16 Apr 2017
Making Tax Digital for Business update
Extensive changes to how taxpayers record and report income to HMRC are being introduced under a project entitled Making Tax Digital for Bus...Read more >
15 Apr 2017
Class 4 National insurance u-turn
One of the significant announcements Chancellor Philip Hammond made on Budget Day was the proposed increases to the main rate of Class 4 Nat...Read more >
14 Apr 2017
Beware of SPAM emails claiming to be from HMRC
Prime Accountants Group is advising clients to be extra careful when opening SPAM emails.Read more >
24 Apr 2017
Xero now has over one million subscribers!
At Prime we love Xero and have been fans from the start! It gives us immense satisfaction to see that Xero have now got more than One Millio...Read more >
7 Apr 2017
Pool cars - are you satisfying the five conditions?
Another tax case has been lost by a tax payer due to them failing to satisfy HMRC that a company car was in fact a pool car.Read more >
13 Mar 2017
Contact Prime Today
To discuss our Management Accounts service, please contact us for a free initial meeting.Please Email Us >
Keeping accounting records is not just to keep HMRC happy or fulfil your legal obligations; it is the only way to see where your business currently stands.
Up-to-date and current financial information is essential to monitoring your business performance and is vital for the smooth running and success of your business. For instance:
- Does the management information you receive enable you to make informed decisions or do you find yourself second-guessing?
- Can you easily identify your company’s progress against key performance measures?
- Are you able to pinpoint niggles like bad debts on your weekly or monthly reports before they become a real concern?
- Do you receive regular financial information in a format that you understand and trust?
Prime offers monthly or quarterly management accounts to businesses wherever you are in the country.
In addition we can assist you to get the best from your existing in-house accounting solutions to aid management reporting. This would include the tailoring of standard reports to suit your needs and training. Our team has extensive knowledge of Sage, QuickBooks and many other packages including the new online offerings such as Xero.
In difficult economic times the businesses which survive and prosper are those which have key performance indicators at their fingertips rather than making decisions by gut feel or looking purely at the bank balance.
Knowledge is power and good management accounts enable you to make informed decisions that are crucial to the success of your business.
Call Prime Today - we're here to help
If you wish to know more about our Management Accounts service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please contact us.
Coventry - 024 7651 8555 or Solihull - 0121 711 2468