‘Help to Grow: Digital’ – Funding for Digital Finance Software
Author: Sam Hart (ACCA), LHP Associate & Head of Digital at LHP
We would like to make you aware of the new Help to Grow: Digital government-backed scheme that helps you buy digital technologies to grow your business. The scheme offers UK businesses advice on best-suited technology to boost performance and up to £5k towards costs of approved finance software.
Sage and QuickBooks are on the list of approved software providers so far and at LHP we are both Sage and QuickBooks software providers and trainers (as well as being an award-winning Xero Platinum Partner).
Eligible businesses can access a up to 50% discounted purchase price on approved software worth up to £5,000. The approved digital suppliers list is on the Help to Grow: Digital online platform. The funding is earmarked for businesses with a UK registered office (Companies House or FCA Mutuals Register), 12 months minimum trading, an incorporation date of at least 1 year prior to applying, 5-249 employees and first-time software buyers only.
Eligible businesses can apply to receive one discount towards the purchase of an approved software product of up to £5,000. The financial discount covers 12 months of approved software product core costs, exclusive of VAT.
Benefits of going digital include organising your business efficiently with automatically generated invoices, helping to track spend , making your work smarter, more flexibility using automation to reduce admin time and storing information in one central location that can be accessed anywhere with WiFI connectivity.
For further information please visit government guidance on this.
If you are a business based in South Wales and would help implementing and accessing this discounted approved cloud accounting software, please get in touch on Let’s Talk.