Q4 2020

Q4 2020 | 47 Accounts That Care teams, everyone feels important in their own role and when engaging in new projects. We offer flexibility for our staff members that have children or in education. We organize many out of office activities, such as team building and drinks out. We are like a family.” Recognising the importance of the team to Lexarox’s success, the company promotes and encourages their development, investing in personnel skills and education so that every member can evolve to become a strong, highly skilled individual. Through attendance at specialised workshops and seminars, or studying for a variety of qualifications, Lexarox’s team are committed to growing on a personal level, so that at a professional level, Lexarox can offer their clients exceptional services that are time and cost efficient. Moreover, Lexarox stays at the cutting-edge of technological developments, leveraging IT insights and accounting and bookkeeping software so as to enhance their own offerings to clients. A sizeable proportion of the accounting system is now automized, which is a trend that has been accelerated in recent months with the growth of remote working due to Covid-19. The result is faster, more efficient accounting processes, which are beneficial to both Lexarox and its clients. Lexarox may have been based in the same space in Hackney for six years, but their office has grown continually since its inception, and has thrived in the bustling business region of London fields. Typically, Lexarox recruits through online platforms, but ad-hoc resumes are always welcome as part of the firm’s ambitions to continue growing. This growth will not always be straightforward, namely due to the ever-changing nature and uncertainty of legislation, particularly in current climates of Brexit. With changes happening on the daily and new updates to legislation and practices introduced at unprecedented rates, Lexarox is tasked with checking the feasibility and compliance of client’s demands and plans on a regular basis. New rules on everything from imports and exports, VAT, IR35, Covid-19 regulations and so on will require regular review by accounting and financial consultancies across the country. However, Lexarox is excited for 2021, which holds several significant projects for the firm including the launch of two new branches of the company. The first branch (Lexarox Payroll) will deal in payroll services only, and the team are preparing ahead for the IR35 Off Payroll Rules that are due to begin in April 2021. The second branch will be Lexarox Legal, a legal consultancy department that would offer professional legal advice for business and individuals and that would make the most of the firm’s existing collaborations with law firms across the UK, USA and Europe. Covering business commercial law to tax law to contract law and beyond, Lexarox Legal will be committed to continuing the fulfilment of Lexarox’s ongoing mission to help small business owners, sole employers, self-employed individuals and more achieve their financial and career goals. Contact: Andreea Deac Web Address: www.lexaroxaccounts.co.uk

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