We are accountants for the tech industry, specialising in SEIS, EIS, R&D claims and employee share options

Zen Finance:

Get smart about your accounting

We use technology to do the heavy lifting, resulting in a Zen-like state for your finances, freeing up headspace to run your company.

Research & Development (R&D) Tax Credits
If your business is innovative, takes calculated risks and develops new products, it could be eligible for R&D tax credits. That could mean a significant reduction in your tax bill or even money back directly from HM Revenue and Customs (HMRC). To date, our R&D team has saved our clients over £5 million, with an average payout from HMRC of approximately £68,000 per claim.
Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS)
We have helped many clients secure investment under SEIS and EIS. These government-backed schemes help companies raise money from investors and are some of the most generous tax breaks available to investors anywhere in the world. If you want to raise investment in the UK it makes sense to be registered under one of these schemes.
Enterprise Management Incentive (EMI) share schemes
EMI is a tax-efficient share option scheme. It can help fast-growing but cash strapped companies retain staff by offering them a share in the company. We can advise whether it's worth applying for the scheme and how to maximise the tax benefits to your employees.
Reporting Global Sales
Most of our tech clients have global sales ‒ usually digital products and services that are sold through a platform such as Stripe or PayPal. We can report global sales for European Union (EU) markets (including ‘VAT Moss’ on digital services in EU), so your business complies with UK and EU accounting and tax rules. We also help clients streamline and automate the reporting of their global sales.
Become Investment Ready
Get your business ready to scale up and prepare for an ultimate exit. We’ll help you hit the key milestones during your growth phase, handling payroll as you recruit more employees and help your company become more attractive to investors by registering for SEIS or EIS. We’ll handle your increasingly complex tax affairs and boost your finances by helping you pay less tax or get R&D tax credits for your innovative research and development.
Smart and Simple Cap Tables
Maintaining an accurate and up-to-date list of your investors is important but easy to put off when you’re a busy start-up. Without one, raising capital and structuring share transactions can become a time-consuming hassle. Let Barnes & Scott compile and manage your cap table so you can concentrate on running your business.

Clients who’ve found Zen Finance

(Alumni) Cubitts

Founded in in 2013 from the kitchen table of a flat on Cubitt Street in London’s King’s Cross, Cubitts eyewear combines traditional methods with modern technology. The business, which provides glasses from £125 including free worldwide delivery, has grown fast thanks to its stylish frames and slick online-based sales model, including trying on glasses “virtually”. It now has 11 stores and about 70 employees.

The Forge Photographic Services

How Barnes & Scott helped a post-production company save time and money by automating its accounts.

Hit the ground running

Speak to Tasnim, our Founder Director

This site uses cookies to provide you with a great user experience. By visiting barnesandscott.com, you accept our use of cookies.