The Scandinavian outsourcing company Larsen Finans & Administration opened its offices in London 1st of June 2019. Introducing a new approach to bookkeeping, payroll & accounting for small- & medium sized business in the UK.
Larsen Finans & Administration was established in 2010 in the capital of Denmark, Copenhagen. It was founded by a mix of people with extensive experience within accounting, bookkeeping, payroll, Business Intelligence & Administration.
The company set out to assist companies in the SME segment, streamlining accounting & admin – using an innovative approach of digitization, automation and a communicative style – making it easy for even very small companies to profit from outsourcing.
A company global in its heart
Today 9 years later, the company is servicing over 90 companies from all our northern Europe within the field of accounting, payroll & administration. From large international corporations to small one person companies. Our team is just as diverse as our client’s businesses. From traditional bookkeepers, to staff members with degrees within accounting, project management & communication – giving us the necessary skill set to perform all necessary day-to.day tasks, but also making it possible for us to see the potential in every client’s company and helping them to capitalize on it.
1st of June 2019 we took the decision to open an office in London, Larsen Finance & Administration Ltd. - since an increasing number of clients are London based or have subsidiaries based in the UK. The head office is located in Lambeth, London and it is our ambition that launching a UK branch, we can provide the last piece of the puzzle for our UK based clients – local representation!
If you run a UK based company within the SME range, why not contact us today and hear more about how we can help you reduce your costs, increasing the efficiency of your accounting systems and processes and uncover hidden potential of your business.
As an employer you must offer a workplace pension by law. This is handled via one of the many operators, such as NEST pension.
Then pension system itself can be quite an ordeal to understand, however we here at Larsen Finance & Administration, have done a little guide and of course we are never more than a phone call or an e-mail away if your company consider outsourcing the hassle of managing the system and implementing it into your payroll workflow.
First, the scheme only applies for staff earning more than:
However, that does not mean you can't offer it - it's just not mandatory.
Also, as an employer you are by law obliged to inform the enrolled members of staff of certain things, most notably:
Most payroll systems can handle this as a part of the normal procedures of payroll, however, being a mandatory and regulated area, it is of utmost importance, that everything is setup correct and staff are informed according to their rights as secured by law.
Do you want to hear more about pension schemes or payroll, we can assist.
Contact us on the form below or give us a call.
Spring is here and so is a new tax year!
For the tax year, starting 6th april 2019 - these are the news:
For student loans, things have changed as well. The threshold for plan 1 has gone up to £ 18,395 and earnings above will be calculated at 9%. Plan 2 will also rise from £ 25,000 to 25,725.
These were the most important changes, as we see them. For Welsh & Scottish taxpayers other changes may apply.
Whether your company only have 1 employee or many, we can assist. You can contact us via the form below.