Gearing up for a sharp rise in demand for advisory

With the start of the new tax year on 6 April and the Coronavirus pandemic still looming large, the accountancy profession is bracing for a sharp rise in demand for advisory services.

The recent Budget was packed with tax announcements, while many more clients than usual have seen drastic changes in circumstances than is usually the case – just think of all the business owners who can no longer put dividends at the heart of their tax planning after making a loss this year.

Of course, this comes on top of the need to advise clients on restarting their businesses as the economy reopens, with their cash flow potentially having almost ground to a halt as a result of the pandemic – not to mention the complexities of furlough claims.

Our flexible range of outsourcing services allows you to manage temporary bottlenecks, while our Dedicated Resource Model (DRM) will assign a dedicated member of the GI team to you on an ongoing basis to bolster your finance team.

Outsourcing services such as bookkeeping, Year-end / Management Accounts, Tax and Payroll help to free up staff time, so that they can communicate with clients, as they support them through the crisis with business advice, improving the overall quality of client relationships.

Contact our UK-based team of account managers today to find out how we can help your firm.

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