Direct Debits

Direct Debit Services

Direct Debit Logo

Direct Debit is a very cost effective way of collecting regular payments on time with the full overview of your monthly cashflow. It can be an important and integral part of your business and TaxAssist Accountants know just how to deliver the right solution whether you are a sole trader, partnership or limited company.

Cashflow is king!

Speak to any business advisor, coach or successful entrepreneur and they will all tell you that cashflow is vital to a business. Direct Debit gives you this benefit whilst keeping you in control.

Value for Money

If you are making regular collections from customers or subscribers then the online Direct Debit management system will allow you to keep your costs and resources down giving you more time on your business.

Keep your customers

You can now offer your customers the opportunity to spread the costs of your service or products across the year with this Direct Debit system. This should allow more customers to spend money with you and increase customer loyalty.

The Direct Debit Guarantee also protects your customers giving them peace of mind when using the service.

Reporting functions

TaxAssist Accountants can offer you full on-line management of client accounts and enables you to have full control of your Direct Debit payment collection scheme.

Service Options

TaxAssist Accountants, along with, London & Zurich are able to offer you a choice of two Direct Debit services:

  • We can collect your regular payments as London & Zurich using the London & Zurich OIN (Originator's Identification Number). The agreement is on a monthly contract basis so there is no long term commitment.
  • London & Zurich can apply to BACS to register your company name under our own Indemnity. We can register an OIN in your company name of up to 18 characters including spaces, there is an additional cost and completion for this takes about 6-8 weeks.

Is your business right for Direct Debit Services?

Many businesses are interested in using a Direct Debit facility to collect monies due from their own customers but the banks normally advise that they are too small to be considered as an originator of Direct Debits. Working with London and Zurich Plc, however, we have been able to negotiate a special arrangement and can offer it to you in a very cost effective way.

Call now for more information about our Direct Debit services on 0121 234 7982 or if you would like us to send you a quote please complete the below form.

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Call us today on 0800 0523 555 or complete our enquiry form and we will identify your nearest TaxAssist Accountant in order to book a FREE initial consultation