Highland Lion Properties buy residential real estate to rent or trade throughout the United Kingdom. In 2015, company owner and entrepreneur, Ryan Rogers, took his passion for real estate and turned it into a business where he also shares his knowledge and experience with others.
As with any new business, Ryan faced challenges, but his greatest difficulty was ultimately navigating complicated tax laws. Additionally, originating from South Africa, he was also new to Scotland and without a permanent residence, the initial business structure had to be addressed.
With few local connections, Ryan found it difficult to find the right accountant that could support a new and rapidly growing business in the property sector. Previous hires were quickly found to be unsuitable – they lacked industry expertise or the ability to provide tailored advice. Ryan knew he needed an accounting partner and not a soulless firm that only wanted to check-in once a year to deal with his year-end compliance.
Shona’s knowledge of property accounting and tax was immediately impressive, and from our first meeting, it was evident that I had finally found the right firm to help me grow. I can focus on what I do best, confident that I am operating within the laws and that my business finances are in safe hands. Not all accounting firms are the same – it has been Evolve’s personal, hands-on service that has contributed to my success; that and their understanding of my industry and what I’m looking to achieve.
Unlike many accountancy firms, Evolve pride themselves on offering clients focussed and personal attention. This level of service and dedication has been crucial in helping Ryan achieve his financial ambitions for Highland Lion Properties.
Evolve quickly streamlined the business accounting processes and introduced Xero accounting software. They also provided the necessary training to ensure that Ryan had a comprehensive understanding of the cloud-based platform.
Once a permanent residence was found, Evolve handled the company registration changes. As well as providing Ryan with mainstream accountancy services over the years – for instance, year-end compliance, self-assessment, tax planning, VAT, etc. - they have guided Ryan with building multiple streams of income into his business enabling him to grow. They have also adjusted share capital to ensure the company takes advantage of the maximum annual tax benefits available; lowering exposure to tax and in turn, increasing the bottom line.
Ryan is running his business with confidence. He trusts Evolve to ensure he is meeting regulatory obligations and his financial interests are looked after – diligently, and personally. This peace of mind allows him to get on with what he does best.
Evolve’s tailored and expert advice has allowed Ryan to upscale and grow Highland Lion Properties.
Introducing Xero accounting software to the business has provided real-time insight into business finances – allowing him to keep the business moving forward and giving him complete control. And because Xero is cloud-based, he can also better manage the daily/weekly/monthly accounting admin from anywhere in the world.
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