Daly Park has an eye to fu­ture

Belfast Telegraph - Business Telegraph - - News - For more in­for­ma­tion or make an ap­point­ment please visit www. da­ly­park.com, and give us a call in Newry on 02830267715, in Lur­gan on 02838324924 or in Belfast on 02890726000

North­ern Ire­land’s eco­nomic growth is hugely de­pen­dent upon small and medium-sized en­ter­prises (SMES), so how they re­spond to the ever-chang­ing eco­nomic en­vi­ron­ment is vi­tal, ac­cord­ing to CBI North­ern Ire­land. Owner-man­aged firms and small to medium-sized en­ter­prises are at the heart of Daly Park and our aim is to be there when it counts.

The un­cer­tainty and con­fu­sion around Brexit and the in­tro­duc­tion of the Mak­ing Tax Dig­i­tal (MTD) ini­tia­tive by HMRC, which re­quires busi­nesses to re­port in­come and ex­pen­di­ture quar­terly by dig­i­tal means, have high­lighted the sig­nif­i­cant shift in the role of Ac­coun­tant in the mod­ern day busi­ness en­vi­ron­ment.

As Ac­coun­tants and busi­ness ad­vis­ers, we have a vi­tal role to play in build­ing our clients con­fi­dence through the timely pro­vi­sion of in­for­ma­tion and ad­vice which will be key to their on-go­ing suc­cess in these un­cer­tain times.

Whilst Statu­tory Ac­counts and Tax Com­pli­ance ser­vices are fun­da­men­tal to all busi­nesses, more and more of our clients are look­ing at ways to run their busi­nesses bet­ter and faster us­ing the lat­est tech­nol­ogy.

Giv­ing busi­ness own­ers ac­cess to real-time fi­nan­cial in­for­ma­tion about their busi­ness, which they can share with us, their ac­coun­tant, will en­able them to make proac­tive de­ci­sions about the fu­ture of their busi­ness. New soft­ware and dig­i­tal so­lu­tions to help firms track in­for­ma­tion will help to re­duce the Brexit- and Mtd-re­lated ad­min­is­tra­tive and cost bur­dens on busi­nesses.

Busi­ness own­ers should be look­ing at how they ac­cess their fi­nan­cial in­for­ma­tion and re­port­ing and we at Daly Park can help you re­view your cur­rent sta­tus and make rec­om­men­da­tions to make this more ef­fi­cient.

Front row, from left: Ruairi Maginnn and Dar­ragh Cot­ter and (back row) Maria Evans and Jonathan Ab­bott

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