South African Entrepreneurs On Track To Beat Credit Crunch With Launch Of http://www.UKTAXANDACCOUNTS.COM

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South African director, Nicole Fowler, of United Kingdom based consulting company Lynnix (UK) Limited has teamed up with South African web developers Robert Benyon and Ross Godlonton from Grahamstown, South Africa to create in a bid to support the boom in UK companies.

An early boost in small business activity and entrepreneurial spirit can inject the enthusiasm required to restore balance before we hit rock bottom

With the credit crunch looming ever closer to the UK borders the creator of has teamed up with South African web developers to create .

The site has many exciting features for entrepreneurs who need quick access to new market opportunities in the wake of the property and credit slump. Essentially this web portal was created for entrepreneurs with little knowledge of the creation and running of new companies in UK. The site allows users to register a company directly at Companies House, without an intermediary for £20, by linking into forms to be completed and providing templates to use for the initial Memorandum and Articles of Association.

The site also links to forms necessary for initial registration with HM Revenue & Customs, and explains the basic requirements for keeping company records.

Most of the information was originally contained in but South African entrepreneur Rob Benyon, currently working towards a Phd in information systems, saw a solution to unlock the full potential of the original site. To date has had 27,000 hits and over a million hits on press releases issued from, but without intervention from Rob Benyon and Ross Godlonton, users were finding navigation difficult. Initial responses to the new site and domain name have been encouraging.

The contribution from Ross Godlonton, a young student at Rhodes University South Africa, has been instrumental in adding value to the content by converting and loading downloadable spreadsheets with preset formulas. Ross also created the city skyline graphic for the main frame from scratch, a remarkable achievement with relatively little resources at his disposal.

The spreadsheets allow users to download simple templates for preparation of company cashbook, extended trial balance, workings and accounts from the site. The templates contain formulas that link source information into the accounts, acting as a training tool for novice users. Instructions allow users to edit the spreadsheets and print accounts for small companies that can be taken to qualified accountants for review before filing and preparing tax computations.

Nicole Fowler, a full time director and working mother has written all the content and obtained copyright registration in the UK after leaving full time employment in 2006 and starting It is her belief that a major part of the solution to the current economic slump lies in a return to entrepreneurial business. The key indicators that mass full time over-employment is not beneficial to the economy in the long term are:

  •     Crippling losses reported by major banks, food and clothing retailers
  •     Sharp rise in house repossessions
  •     Rising energy prices
  •     Sharp rise in global warming due to inefficient use of resources

Goods and services needed for basic security needs of ordinary working families such as housing, food, clothing and transport has been rising sharply year on year and salaries are no longer keeping up with the pace of rising costs. Nicole, who has been working in London for eight years as an employee and consultant for accountants in public practice comments: "An early boost in small business activity and entrepreneurial spirit can inject the enthusiasm required to restore balance before we hit rock bottom".


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