Given how our business has managed success in a very tough environment, I feel it is very fitting that we came to join with Dominic Hill via a recommendation from one of their existing clients as they spoke of all the key attributes and values that we hold in high regard.
As part of our growth strategy, we were very aware that we needed the correct financial support and accounting methodology, as well as an accountant that dealt with the full spectrum of the industry and were not of a closed mindset. Given the nature of tax laws, they would need the ability to apply interpretation, to enable us to grow, identify opportunities and go above and beyond. All of this was required without us needing to do the asking, we are engineers not financial wizards. Dominic Hill and in particular Katy has provided exactly what we were looking for consistently and effectively since their engagement over 9 years ago.
There have been some challenging times in the company and for company members that we have leant heavily on Dominic Hill to support and they have stood up to every request and test with sound, effective and assured advice. We would not and do not hesitate to recommend them to any size company for any industry.”
Featured testimonial
We have been clients of Dominic Hill in Eastbourne for many years. We are an international company and Dominic Hill provide a full bookkeeping, management accounts and administration role for us. It`s easy to contact them by meetings, phone or Skype video.
Bauporte Doors UK | Mr Bouman
Latest news
HMRC Closures
At present, we are on hold between 45-60 minutes for every phone call to HMRC and this is likely to get worse in the next few weeks.
Spring Budget Update!
1. The VAT registration threshold has been raised from £85,000 to £90,000. This means for businesses who’s annual turnover was starting to get near that limit, there is a little bit more breathing space. This wasn’t quite the VAT rate reduction we were hoping for but it’s a move in the right direction
Dividends allowance update!
With the increase in corporation tax rates in 2023, we are now having to consider each client individually to see whether the combination of corporation tax and personal tax on dividends is still the most tax efficient way to extract money from a business.