Recruitment
Our accounting expertise in the recruitment sector is rooted in deep industry knowledge and hands-on experience.
We have been providing a full service offering to the recruitment sector for decades, often providing the whole ‘back-office’ function for businesses with revenue of up to £150m.
Our services provide expert guidance on IR35 compliance, ensuring your contractor arrangements align with current regulations. We also offer flexible management reporting to help track your sales team’s performance, empowering data-driven decision making. In addition, we streamline contractor payments to ensure HMRC compliance and minimise the risk of penalties.
Whether you’re managing large teams, temporary workers, or contractor payments, we’re here to simplify the process and help your business thrive.
What accounting services do you offer recruitment clients?
Back-office
Our back-office services are designed to handle routine tasks, allowing you to concentrate on propelling your business forward. With years of experience working with clients in this sector, we take the time to truly understand your business. This enables us to apply our expertise to identify key opportunities and potential risks within the landscape. Our back-office services include:
- Bookkeeping, including pay runs (daily, weekly or monthly)
- Management accounts (monthly or quarterly)
- Cash flow forecasts
Tax
Our team works closely with you to develop solutions that align with your financial goals while optimising tax efficiency. We provide effective tax planning strategies to help recruitment businesses navigate the complexities of extracting funds from your company, particularly during the year-end accounts process. By taking a proactive and strategic approach, we help you maximise after-tax income, improve cash flow, and ensure your business remains on track for long-term success. Our tax services span:
- Corporate tax
- Personal tax
- VAT
- R&D tax relief
Accounts and Audit
Our recruitment industry experts offer much more than just statutory compliance when preparing your accounts or conducting your annual audit. Our expert team not only identifies key opportunities but also delivers practical solutions to any challenges you encounter, helping you minimise risk and safeguard your business.
We have a deep understanding of how businesses operate in the recruitment sector and are highly experienced in using bespoke recruitment and finance software, resulting in a more efficient audit process. By leveraging industry-specific tools, we can quickly and accurately review financial data, assess compliance, and identify potential areas for improvement. Our approach not only reduces the time and cost associated with audits but also provides valuable insights to help your business optimise financial performance and maintain regulatory compliance.
We also act for one of the biggest healthcare recruitment agencies, Day Webster, providing tax, audit and accountancy support since 2012, adapting to the company’s evolving needs.
Payroll
We utilise Paycircle, a sophisticated software solution designed to simplify the management of large payrolls, including weekly and monthly runs together with making payments for these . We understand that in the recruitment sector, cashflow is king, and we can help improve your cashflow by introducing the most appropriate financial products for your business. Making payroll processes more efficient and streamlined. Speak to Marc Taylor, our Payroll Associate Director, for more information.
We can also support businesses with:
- EMI schemes
- ESOPs
- IR35 reviews
- P11Ds
Hiring international employees is an exciting step for any UK business. Expanding your talent pool beyond borders gives you access to specialist skills, cultural diversity, and new market opportunities. But with that opportunity comes complexity – different employment laws, tax obligations, and payroll challenges. We’ve created an in-depth recruitment guide, from our payroll team, breaking down what UK businesses need to consider when hiring and paying international employees. We also cover the things international companies need to consider when hiring in the UK.
Whilst there are many ways of incentivising and retaining key employees, the Enterprise Management Incentive (EMI) scheme remains one of the most tax efficient ways to do this because of the very generous tax reliefs associated with the scheme. In addition, these schemes are entirely flexible and gives the employer complete discretion over which of their employees are invited to join the scheme, and what the conditions for these being offered are – for example, time or achievement-based targets, making them a practical solution for larger and smaller companies alike.
VAT
VAT in the recruitment sector can be complex, but we specialise in providing expert VAT advice and conducting thorough contract reviews. Our VAT Partner, Sandy Cochrane, brings a high level of efficiency and expertise to managing these complexities, ensuring compliance and optimising your VAT strategies.
International (DFK)
As businesses increasingly look to expand internationally, we leverage our membership with DFK International, a global network of leading independent accounting firms, to provide seamless support for clients moving overseas. With DFK’s extensive network, we ensure that your business can navigate the challenges of international expansion with confidence and ease, ensuring a smooth transition and ongoing success in new markets.
Your Recruitment team
Ben Chernoff, Partner
Ben leads Gravita’s Essex office, and has been in the accountancy industry for well over a decade, advising clients from start-up phase, right through to listing and beyond.
As well as supporting his clients on the day to running of their businesses, Ben’s clients typically require support on R&D, EIS, EMI, business plans, cash flow forecasting and cash management.
Ben plays a key strategic role in helping his clients plan for the future and supporting them throughout that journey, particularly within the fintech, medtech and sustainability arenas. Ben also specialises in supporting small and medium sized businesses, particularly those within the recruitment, tech and property sectors.
Jenny Cessini, Partner
Jenny boasts over 25 years of experience at Gravita, with expertise in handling large corporations and highly technical aspects of Audit and Accounting standards. She is invaluable to our team.
Jenny represents clients across various sectors, including recruitment, property, start-ups, service-based organisations, and technology, among others.
Ready to work with Gravita?
Working with Gravita means having a partner to support you in achieving your business goals, whether you’re scaling or maintaining your current operations. Our dedicated team ensures your financial processes are efficient and fully aligned with industry regulations, allowing you to focus on what you do best – connecting talent with opportunities.
To discuss how the Gravita Recruitment team can support you, please get in touch using the form below:
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