Independent family accountancy firm in Harborough moves to a new bigger premises
The accountants have moved to a new bigger headquarters in the town as it gears up to tackle a whole new era of digital accounts for businesses
It’s onwards and upwards for a thriving independent family accountancy firm based in Market Harborough.
Freeman and Co Chartered Certified Accountants, set up in 2003, has moved to a new bigger headquarters in the town as it gears up to tackle a whole new era of digital accounts for businesses.
Freeman and Co Chartered Certified Accountants, specialising in small and medium-sized businesses as well as private tax clients, are now settling in to their outstanding new base at 112 St Mary’s Road.
Thrilled qualified accountant Jonathan Freeman, an accountant since 1987, said: “There’s more room here - and we’ve now got our own front door and a meeting room.”
Jonathan said many small and medium-sized businesses are now keen to digitalise accounts for the first time following new Government legislation.
“I already deal with scores of businesses who want an expert to deal with their paperwork while they get on running their core business,” he said.
“Being a Xero Accounting app partner helps us achieve this.
“But new Government rules are coming in soon, which means businesses need to get digitalised from as early as April next year.
“Now really is the time for businesses and landlords to get an expert on board to deal with their finances,” stressed Jonathan.
“Looking it all up on the internet is not good enough – the internet is a minefield of wrong information.”
The Government says it wants HM Revenue & Customs (HMRC) to become one of the most digitally-advanced tax administrations in the world.
The new rules are:
- VAT-registered businesses with a taxable turnover below £85,000 will be required to follow Making Tax Digital (MTD) rules for their first return starting on or after April 2022
- Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax from the accounting - period starting on or after April 6, 2023
- The Government will provide limited company businesses with an opportunity to take part in a pilot for Making Tax Digital for Corporation Tax.