Case Study
Small businesses are filing for themselves The new way for small businesses to prepare and file their company accounts and tax return
@InstafileApp
Keith Carsley, Co-founder, Instafile Ltd Keith Carsley is an entrepreneur and software engineer. Along with Alvin Ho he runs Instafile and helps small business owners to reduce costs by preparing and filing their own company accounts and tax returns with the Instafile add-on for Xero.
When Xero user Guven Dalsar found himself needing to file his company accounts and tax return for his new consulting business, IT ME Services, he wasn’t sure at first how best to approach the task...
“
Filing for myself seemed like the best way to save time and money but it felt a bit daunting and I wanted to make sure I got everything right.” Guven Dalsar (GD) Fortunately for Guven, he came across Instafile, our new accounts filing add-on for Xero, and got in touch for help. “I emailed the Instafile team late one Monday evening and they got back to me that same night with a comprehensive response to my questions. It was a great first impression.” - GD Guven won’t be alone in finding the filing process a little daunting. Our goal at Instafile is to help business owners to firstly understand their statutory obligations and then show them how Instafile can connect directly to their Xero system and automatically prepare and file their company accounts and tax return. Guven’s own experience echoes 86 / Issue 12
many other comments from the Xero Business Community: “Instafile is a great product backed up by a responsive and personal service. It only took a few minutes to do my filings and it cost just £60. As part of their quality control, the Instafile team review all filings before submitting them to Companies House and HMRC and this really helped to give me extra piece of mind.” - GD The review process is a key part of the Instafile service and, as was the case for IT ME Services, it demonstrably improves the filing quality for self-filing small businesses: “As part of their review process, the Instafile team picked up on small adjustments that needed to be made to my balance sheet in order to get everything spot-on. It was exactly the kind of support I was looking for and because Instafile connects directly to my Xero data I didn’t need to worry about any manual data-entry errors - or having
to explain them later!” - GD Of course, some businesses are too complex for self-filing, and when they are identified in our review process we simply recommend the use of an accountant and refund any charges incurred. For those companies wishing to take a responsible approach to self-filing, Instafile can help to improve compliance and ensure their statutory filings are accurate, timely, and cost-effective. Instafile is not a subscriptionbased platform but we believe our customers will keep coming back to us because we strive to provide them with a great product backed up by a great service. And for IT-ME Services, that strategy seems to be working: “We’re just about to do our second filing with Instafile and it’s great knowing that I don’t have to worry about it: It’s going to be easy and it’s going to be right.” - GD
XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com
