Project Revenue Recognition
Milestone-based projects span months. When do you recognise revenue: at contract signing, at milestone completion, or at final delivery? IFRS 15 compliance trips up most web agencies.
Chartered accountants specialising in web design & development agencies. We understand your business model, cash flow patterns, and growth trajectory.
Web Design & Development Agencies have unique accounting challenges. Unlike generalist accountants, we understand your business model, your cash flow patterns, and your growth trajectory.
The same three or four things, in different shapes. Sound familiar?
Milestone-based projects span months. When do you recognise revenue: at contract signing, at milestone completion, or at final delivery? IFRS 15 compliance trips up most web agencies.
Is Adobe Creative Suite a software expense or an asset? Is a custom theme asset or service delivery cost? Misclassification costs you thousands in tax deductions.
You invest in design software, hosting, domain registrations, stock imagery subscriptions. These pile up across projects. Cash flow is tight because money is tied up in barely-tracked assets.
The retainer covers the day-to-day. Strategic stuff sits on top — flagged in your monthly review, scoped before any work begins.
We correctly apply IFRS 15 to your project contracts. Milestone-based revenue is recognised properly, accruals are handled, and you never face audit issues.
We classify design software, themes, domains, and hosting correctly. You claim maximum tax deductions on legitimate expenses while properly capitalizing true assets.
Custom development work often qualifies for R&D credits. We identify eligible projects and claim back 20-25% of qualifying development costs.
Monthly time import from your tools (Harvest, Toggl, etc.) shows true project margins. See which projects are profitable and which underdeliver.
Project-based revenue is lumpy. We forecast cash based on your project pipeline, showing when you will have cash crunches and helping you plan hiring.
Mix of employees and freelancers. We handle payroll, contractor invoicing, PAYE compliance, and IR35 status checks on your team.
Remote-first, but with dedicated city pages where the agency density is high enough that local knowledge pays off.
Most agencies ask the same things on the first call. Here are the short answers — happy to go deeper on any of them.
Estimate your R&D claim for custom development work.
Calculate project-based profitability.
Returning to the UK from Dubai or the Gulf? The 183-day rule could trigger a huge tax bill. HMRC exceptional circumstances relief, CGT exposure, and strategies to protect your position before 5 April 2026.
UK agency profitability benchmarks. See how your utilisation rate, margins and profit per head compare, with practical steps to improve each metric.
How to move to Dubai from UK as a business owner. Pay 9% tax instead of 45%. Statutory Residence Test, free zone setup, Golden Visa, HMRC requirements. Complete 2026 guide.
Get a free 15 minute call with an accountant who actually understands web design & development agencies. No jargon, no surprises. We onboard a limited number of new clients each quarter to keep the work tight.