New tax rules means more tech...and a practice revolution

While managing the move towards MTD is a rigmarole for practices and clients, it is kickstarting the revolution that is finance information ‘on the go’. Clients will soon realise that filing services are low value, and the accountant will have to step up and become a true adviser - aided by all this up-to-date information at hand, writes Keith Underwood.


To deliver an articulate, cohesive service offering, practice owners need to define who they want to serve and who they don’t, says our MD Keith Underwood.

Many accounting firms are getting left behind in realising their potential and understanding their business. Nowhere is this more apparent than in ...


Our next Succession Planning workshop, in partnership with the ICAEW, takes place on Wednesday 13 June at the Chartered Accountants' Hall, Moorgate.

Succession planning is a vital process and instrumental in the evolution and success of a practice, and can cement its future.

This workshop is relevant to anyone planning to retire in the next few years, sell or merge their practice, pass it on to a family member or if you just need some impetus and an action plan.

We shall be covering: planning; your options; case studies; practice analysis techniques; preparation for succession; valuation; trends; and finally an action plan.

To register or learn more please click the link...

Why HR has become THE critical issue in a smaller practice

MD Keith Underwood and the Foulger Underwood team have noticed a reoccurring theme running through a number of meetings they have attended in recent days and months.

Practices are encountering difficulties in managing, developing, recruiting and retaining employees and also in providing a good working environment for their employees. Those we’ve been dealing with range in fees from an average £500k through to £2m.

The crux of the problem is...