Budget 2026: what it means for you and your business —
In short
An outsourced finance function means we run some or all of your finance operation — transaction processing, supplier payments, credit control, payroll, VAT, management accounts and board reporting — using cloud software you can access at any time. You get a whole team’s expertise, with a chartered accountant overseeing it, for a predictable monthly fee, and none of the recruitment, holiday cover, training or software overhead.
Scoped to what you need, from a slice to the whole thing:
Transaction processing — purchase and sales ledgers, expenses, reconciliations. Supplier payments — prepared,
approved by you, executed. Credit control — chasing your debtors so you don’t have to. Payroll, pensions and CIS.
VAT returns and MTD compliance. Monthly management accounts with commentary. KPI reporting and board packs. A named
contact who knows your business.
And above it, chartered oversight — a qualified accountant reviewing the work each month.
When you need more capability than one person can provide, but less than a full team’s worth of hours. That is a
very wide band, and most businesses between roughly £500k and £15m of turnover sit in it.
The honest test: if you are relying on one bookkeeper and privately worry what happens if they leave, you are
carrying a risk that outsourcing removes. If you have a functioning finance team of three and a competent financial
controller, you probably don’t need us for this.
You gain both. Everything runs in your cloud accounting system, which you can log into at any time — you see exactly
what we see. Payments are always approved by you; we prepare, you release.
What you lose is the administration: the recruiting, the covering, the training, the software licensing, and the
nagging awareness that only one person understands how it all works.
Chartered oversight, not just processing — a qualified accountant reviews it monthly.
No single-person risk — the function continues through holidays, illness and resignations.
Automation-first — we remove the work rather than simply doing it more cheaply.
You keep control — your system, your approvals, our execution.
One predictable monthly fee that scales with you.
This page provides general information about the 2026/27 UK tax year and is not advice on your particular circumstances. Tax and regulatory rules change frequently. Please contact us before acting, or refraining from acting, on anything set out here. LMJ Group is a firm of Chartered Accountants regulated by the ICAEW. LMJ Group is not a registered auditor and does not provide audit services. Last reviewed: July 2026.
