Tribe Accounting celebrated a relocation to Petersfield in February of this year, with an office warming party. The building that used to be a grain barn, was completely rebuilt and now in its place stands a beautiful barn suite of three light and airy offices….
Tribe began as a one-woman home start, four years ago in Fareham, Hampshire. The founder, Rebecca left a fast-paced director role, working for a medium sized firm in London with the belief that a strategic and dynamic approach to accountancy and taxation, delivered with a professional and caring approach would mean that clients receive the best service.
The company has gone from strength to strength since 2015 and has tripled in size, the move to Petersfield is all part of the next phase of the business’ life. They may be a bit further from the coast, but Petersfield’s location means that there are great links to Portsmouth, Guildford, Southampton, Winchester and Chichester. Petersfield which once was a thriving market town is now a lively business hub.
Rebecca is keen to get to know local business owners and says; “Our prospective client meetings (free of charge) are not dull in any way, we have a Killer Coffee, but don’t worry the only thing we are looking to kill off are your top three business issues. By identifying them with the business owner it gives us a significant insight into the business at an early stage, I find out what is fundamental in their strategies to ensure that their business is performing as they wish and are seeing the results from this. After all, running a business is full of responsibility and a magnitude of opportunities, so if we can assist with making a clear plan to resolve or focus on the key issues it means the business owner can relax a little.”
Tribe is currently working with its clients to ensure that they are ready for HMRC’s Making Tax Digital (MTD) regulations, which became mandatory for VAT registered businesses from 1 April 2019. We are already certified by a leading cloud software provider and are fully skilled up to assist with any queries on the introduction of this regime.
Sarah, the in-house specialist, summarises: “Businesses need to firstly be aware of the dates and how MTD will affect them. There could potentially be a cost to this in terms of subscribing to a software package that is compatible with HMRC and retraining staff. Potentially there may be fines to your business regardless of the situation that are applied automatically. It is vital to review your existing processes in line with the guidance HMRC have released to ensure that you can comply on a quarterly basis. In essence; seek some expert advice and be prepared.”