The Numbersmith

BACKGROUND

Please describe your company and your position there.

I have over 43-years experience in the financial planning industry. I specialise in helping people legitimately through HMRC approved platforms (Statutory Chapter 51 Inheritance Tax Act 2010), to help maximise the #tax-free nature of their investment assets and pensions.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire The Numbersmith?

We hired The Numbersmith to help move our accounting onto XERO, the cloud based software to get us up to date with Making Tax Digital!

What were your goals for this engagement?

To move our accountants to the cloud based software and ensure we are compliant with HMRC. This process took less time than expected, as the Numbermsith knew exactly what they were doing.

SOLUTION

How did you select The Numbersmith?

Via Google Search, they have a fantastic website and as soon as we made contact we were very impressed with their processes.

Describe the engagement in detail.

We instructed them too make sure we were compliant with Making Tax Digital. This is where you submit your taxes using cloud based technologies. This involves managing our bookeeping on Xero to submit our taxes on a monthly, quarterly and yearly bases.

Describe their billing or cost structure.

Fixed costs - monthly retainer.

What was the team composition?

David was the main point of contact, he was very helpful in from start to finish. There other teams members are also very helpful.

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

Not only do the The Numbersmith have the tools and processes in place to make the management of your business as smooth and painless as possible, but they are also highly experienced in the world of cloud accounting and provide excellent advice and guidance as necessary.

How effective was the workflow between your team and theirs?

Seeming-less, not only did they help get our accounting data on Xero but they also offer training and fantastic advice!

What did you find most impressive about this company?

They were very knowledgeable and helpful which made the processes smooth and effortless.

Are there any areas for improvement?

No, very satisfied with their work.