ABOUT US
ANLO Financial Solutions is a financial services practice that provides auditing, accounting, taxation, secretarial and consulting services to SMEs. Our services are very mobile and dynamic. We have offices in Johannesburg and Edinburgh providing SMEs with a turnkey solution to their financial needs.

SERVICES
Available in Edinburgh and throughout the UK

AUDITING & ASSURANCE
If you have a small to medium business and are not required by the Companies Act to have an audit, we can help if your bank or external party requests a statutory audit.
Articles
They have taken their time about it, but Her Majesty’s Revenue and Customs (HMRC) are now insisting that everything goes digital. Going ‘digital’ is hardly new; we access our bank accounts online, we advertise our businesses online and we even order our groceries online, so this is far from bleeding edge. What does HMRC mean when it talks about going digital?
Here’s an old joke, but it’s relevant… A man stands in a field, watching a hot air balloon descend towards him. The balloon halts three feet from the ground and the passenger in the balloon shouts down, “Hello! Where am I”?
The man in field answers, “In a hot air balloon, three feet above a field”
To which the passenger replies, “You must be an accountant, because that information, while factually accurate, is of no bloody use to anyone!”
As a new business or start up, you will probably want to know what is the easiest way to register a company in the UK.
There are various online websites that can do this for you at minimal cost. They offer extended statutory compliance services, for instance; registered office services, tax type registrations, yearly compliance packages etc. I have personally used Companies Made Simple and Rapid Formations and both of these websites were fast and competitively priced.
I have been asked this question often lately, and my first response is “because it is so easy!”
In the past, you needed an accountant to purchase an accounting package and they would then perform your accounting services using a software package that they owned and holding your data on their servers. If you wanted to leave or needed to cut some costs, you had to kindly ask them to release your data and hope that your new accounting package could import your data in their format.
Your company income tax bill needs to be paid 9 months after the company year end.
The returns needs to be submitted within 12 months after the companies end of year.
It is always a good idea to be prepared and to get your accounts prepared and financials approved as soon as possible.
Do you have a limited company (registered in the UK) and want to draw money out of the company?
Many of you have worked closely with me over the past two years and I would like to say what an honour it has been and that I am looking forward to many more years. I thought it would be a great idea to properly introduce myself to everyone in this newsletter.
In our profession there is on much emphasis on the word ethics and how important it is to be ethical. This is understandable after all the terrible things that have happened in the corporate and government environment lately and the constant fight for fairness and justice.
I was recently challenged in this regard and the one thing that showed me the way was Anlo’s amazing team, what we have built up over the year as a company and my professional standards.
First thing in the morning I check my emails and respond. I then start processing the bank statement and the petty cash of all my clients. If I don’t know where to allocate the transaction (sometimes on the bank statement the description for payments are not clear), I set up a list of queries for the client to tell me what the transaction was for. This is very important because it can affect the VAT allocations or the income statement/balance sheet.
Servicing Scotland to South Africa
We provide one-stop financial services to small and medium businesses
through detailed analysis and understanding of what our clients need.