Testimonial Staffer Mayled
We would recommend Bob’s services to any optical VAT registered business which is faced with a partial exemption VAT method. Bob spent many years working in the optical business environment. He co-operated with a top accounting firm in writing the partial exemption VAT manual for optical businesses and this method was accepted by HMRC. Bob’s expertise has made a significant impact on our optical clients when it comes to VAT. We will be using Bob’s services again as our clients have benefited from his extensive knowledge of the subject.
Please do not hesitate to contact us in case of any queries.
Stella Sark
MAAT BSc (Hons)
Staffer Mayled & Co Limited
Registered in Cardiff No. 08674336
46-48 Station Road, Llanishen, Cardiff, CF14 5LU
029 2039 3510
Testimonial from Hing Opticians in Shefford Beds.
A thriving family owned practice from Father to Son & Daughter
“We have been working with EROS Business Consulting for many years now, well before my 17 years of working within the practice.
The support with Tax Made Digital was invaluable and they took the time to look at the data available from our PMS system and how we could easily input this data into the TMD system. Tax returns used to make my stomach churn and now it’s a simple system and we couldn’t have done it without Eros BC.
Alongside the Tax system they negotiated a Full Cost Apportionment Rate based on our team and professional level. This was well calculated and seemed seamless, probably due to the work that had gone into putting forward a well-researched and supported case.
They have helped us monitor our de minimus level to ensure that we get the best from our business tax levels. Plus supported us on pricing and given us the support to use this on a daily basis without help. We now confidently price our product with a whole new insight into why we charge the prices that we do.
I personally had one on one training in the MTD, data inputting and the pricing structure. As a business owner, I often find I am making decisions based on my experience but not always in full knowledge of why or what the official line is. We have found that the support we have had from Bob and the EROS BC have given us the confidence to know that we are going down the right path and taking on just a few small changes have made positive changes to our business and in truth – the bottom line.”
Laura Hing
Practice Manager
Testimonial from AH Merton aka Valli Opticians
A H Mertons Ltd sourced the assistance of Bob Hutchinson Eros Business Consulting Ltd when we were pursuing a more effective pricing process for the business and also adjusting to the changes in VAT schemes.
Bob was very thorough in calculating all the necessary data to establish a clear plan for the business going forward.
It was an in depth process to collate all the sale and stock information from our PMS to identify the GP rates at various price points. Bob then studied every element of the sales process to apportion the costs from each stage of the sales journey.
When we were happy with the results Bob made contact with the HMRC and successfully negotiated a Full Cost Apportionment Rate. Once this had been agreed Bob liaised with our accountants to assist in setting up the most efficient way to transmit the information to the HMRC.
Bob ensured that all the Senior Management Team and the inhouse bookkeeper were fully trained with full knowledge of the systems and procedure going forward.
Bob was also on hand to check in periodically to ensure the new systems were continuing to run efficiently and effectively.
Kind regards
Christine Wrenn
Head of Operations (Valli Group)
Email: christine.wrenn@valliopticians.co.uk
Mob: 07770 451250