Accounting & Tax Services
Accounting Software Question
The book-keeping team for our Frankfurt based operation are based in the UK. We are therefore seeking an accounting programme we can run in the UK that meets German legal, tax or regulatory requirements. The idea being that the UK book-keepers would input the day-to-day financial data into the software programme and then export this data as a excel-csv-file to our German accountants to calculate our corporate responsibilities i.e. VAT/CT. We have tried using a UK centric accounting package but the data sent to our German accountant is not deemed compatible. Can anyone suggest an accountant software to use in this scenario? Contact: info(at)smithstonewalters.com
Setting up operations in the UK or globally?
Entering new markets is both an exciting time and a risky time for businesses.
We know how critical it is to get expansion plans right first time and can help with your foreign direct investment options. When setting up new entities in the UK, staff based in parent organisations companies outside the UK may lack the local knowledge needed of tax, legal and employment legislation and compliance requirements. You may not be aware, for example, of local HR legislation which carry personal liability sanctions, or local tax obligations which might be created based on the company structure you choose to create.
What do you need to know?
RSM can plug this knowledge gap, acting as your adviser guiding you through the complexities of foreign direct investment. We have put together a guide to what to consider when expanding overseas which will help you understand what you need to be aware of, and to plan your project successfully. We can help to de-risk your project and actively manage your challenges.
We have also put together a more in-depth guide to starting up in the UK and our summary of the top 10 considerations.
Our expert team strengthen business relationships between Europe and the UK
Whether you’re a UK company expanding into mainland Europe, or a European company entering the UK market, our experts are on hand to help.
Our Europe Group has in-depth experience of helping businesses expand in both directions across the channel. And with the connections we have through our Moore Global Network, we provide a seamless European service.
We also support many international companies using the UK as a hub to serve the European market.
Whatever your European ambitions, get in touch to find out how we can help.
A recommended firm
As a recommended accounting firm on the Department for Business & Trade (DBT) UK Investment Support Directory, we work closely with their teams to strengthen business relationships between Europe and the UK.