By 2020, HMRC will have moved to a fully digital tax system – ‘Making Tax Digital’ which will start being introduced from 2018 onwards –click here for more details >>>>>

Whilst the details have not been finalised, accounting systems will become a more important part in more of your business in the next few years. Filing obligations will become increasingly digital and most businesses, the self-employed and landlords will need to use software or apps to keep business records and to update the HMRC on a quarterly basis.

What is Cloud Accounting?

Would having access to your financial information anytime from anywhere be useful?

With the continuing advancement of technology and many cloud software providers offering great bookkeeping packages this is now possible.  By working in the cloud we can offer a range of collaborative services to suit your business needs giving a far more proactive service than many traditional accountants. Compliance work has to be done but by utilising technology and being able to have regular contact with us during the year we can offer a real value added service. We can access your data at agreed intervals and provide tax planning and business advice.

Advantages of Cloud Accounting:

• No large upfront software costs
• Always using most up to date version of software
• All data in the cloud is automatically backed up so you don’t need to worry
• If your laptop is stolen none of your data can be accessed because the data is not on the hard drive
• Cloud services use the world wide standard 128 bit SSL encryption (same as internet banking)
• Efficient bookkeeping and timely management information
• Flexibility of working from anywhere

Whether you just need a proactive accountant to offer year end services or if you need a virtual FD  to produce monthly management accounts and attend board meetings we can offer a service bundle to suit you.

Basic

• Cloud accounting software
• Annual meeting with us
• Year-end accounts and taxation compliance work
• An expert at the end of phone or email to answer those ad hoc queries

Intermediate

• Cloud accounting software
• Annual planning session to set your goals for the year ahead
• Monthly or Quarterly Management Reports with a review session to see how the business is performing
• Year-end accounts and taxation compliance work
• Personal tax return completed for the directors
• Regular updates on business issues and tax matters

Advanced

• Your very own part-time FD
• Budget and forecast modelling
• Mentoring your finance and management team
• Production of Management Reports
• Attending your board meeting
• Year-end accounts and taxation compliance work
• Personal tax return completed for the directors

We are happy to provide a free demonstration of cloud software and discuss your requirements. For the  most popular software options used by our clients click on the buttons below for more details.