Watermill Accounting

Watermill Accounting was engaged by a national construction and energy services company to streamline their financial processes and navigate the complex landscape of R&D tax reliefs. The firm provided a comprehensive range of services including bookkeeping, financial statement preparation, accounts receivable/payable management, expense tracking, risk assessment, insurance brokerage, claims handling, financial analysis, financing options exploration, application assistance, eligibility assessment for R&D tax relief, documentation, and claim submission. The company has praised Watermill Accounting for playing a pivotal role in ensuring their financial stability, risk mitigation, and growth. Their expertise in accounting, insurance services and brokerage, commercial financing, and R&D tax reliefs significantly contributes to the company's overall success in the construction industry.

Watermill Accounting was hired by The Daniels Group, a leading high-end construction business, to ensure accurate, up-to-date, and well-organized financial records and to maximize eligible tax relief opportunities. The firm took charge of recording and organizing financial transactions, exploring and securing R&D tax relief, serving as an outsourced CFO, and ensuring tax compliance and reporting. Key deliverables included regular and accurate financial statements, organized and categorized financial transactions, documentation and support for R&D tax relief claims, strategic financial insights and recommendations, and timely and accurate tax filings. The Daniels Group has expressed appreciation for Watermill Accounting's contributions in enhancing their financial management processes, benefiting from R&D tax relief opportunities, and providing expert financial guidance.