KPMG launches SME enterprise scheme
KPMG is today (21 October 2014) launching a new small business accounting service as part of a £40m investment as it aims to expand its offer to smaller companies.
The launch of KPMG Enterprise comes as research undertaken on behalf of the firm by YouGov revealed that 71 per cent of small to medium-sized enterprises (SMEs) in the South West think the government could do more to support small businesses.
KPMG Enterprise will offer select online accounting and tax services - including accounts, bookkeeping, payroll, VAT and corporate tax returns - to SMEs via the cloud.
Ian Brokenshire, head of enterprise for KPMG in the South, said: "With 47 per cent of SMEs in the South West telling us that they spend at least one day a week on basic administrative tasks, the message to government as we head into an election year is loud and clear: business owners need support to free up their time, and allow them to get on with running and growing their businesses.
"Innovations in technology are enabling more and more people to realise their dreams of starting their own business but the daily reality of regulation, red tape and form filling can turn that dream into a bit of a nightmare.
"We hope that our Enterprise offering will help to take some of that pain away, enabling entrepreneurs and owner managers to really focus on driving growth across their business."