Link: Sage profits shoot up
The £10.7m acquisition gives Sage a stronger foothold in the country’s SME accounting and payroll market. Migration options will be offered to Sage’s 59,000 Swiss customers wishing to upgrade to a more ‘sophisticated’ solution.
Simultan posted £9.8m in revenues for the year ended 2003, with an operating profit of £0.5m.
Paul Walker, Sage chief executive, said: ‘The addition of Simultan to our existing Swiss business establishes Sage as the clear leader in the Swiss SME market. We can now offer a broad portfolio of products and services for the smallest through to the largest Swiss SMEs.’
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia