In the early nineties, our founders, a motley crew of geeks and beancounters who even today struggle to make eye contact, launched a software product called Alphatax, centred around corporation tax.
We won’t drill down into the details of what it did because it was so mind-numbingly dull there’s a fair chance you’ll have a stroke.
Nevertheless, Alphatax was considered by the partner of one leading practice to be ‘a bloody good show’ and was quickly snapped up by the Big Four, i.e. Deloitte, KPMG, PwC and Ernst & Young.
The rest of the UK’s leading accountancy firms followed shortly thereafter. We were in dreamland and the company went from strength to strength. Reflecting our newfound extravagance, red cords were worn publicly. Somebody even bought a horse.