The Benefits of Hiring an Accountant

November 3, 2023

A cloud accountant is a professional who provides remote accounting services to businesses through cloud-based software. Cloud accountants help manage a wide range of tasks, including bookkeeping, incorporation of a limited company, statutory accounts preparation, and tax efficiency.

By outsourcing accounting needs to a cloud accountant, you can save time and money, reduce errors, and gain insights into your financial performance, which can help you make better decisions to grow your business.

What does an accountant do?

A cloud accountant manages financial information for businesses, organisations and individuals. They play an important role in helping businesses and individuals manage their finances effectively and make informed decisions about investments, taxes, and other financial matters. Here at CloudAccountant.co.uk, we do the following:

  • Incorporation of a limited company
  • Set up of PAYE Scheme
  • VAT registration on start-up
  • Company secretarial (including registered office address if needed)
  • Xero accountancy software
  • Software consultation and training
  • Review and integration of software add-ons
  • Unlimited email and phone support from our expert accountants
  • Unlimited FaceTime, screen share and webinar support
  • Monthly payroll with RTI filing
  • Quarterly tax efficiency review
  • Annual statutory accounts preparation and submission
  • Corporation tax preparation and submission
  • Quarterly VAT Returns
  • Annual confirmation statements with Companies House
  • Annual self-assessment tax return
  • Dividend vouchers for shareholders
  • P11D preparation

What are the benefits of hiring an accountant?

Cost savings

Hiring a cloud accountant can be more cost-effective than hiring an in-house accountant, as you only pay for the services you need when you need them.

Access to real-time data

A cloud accountant can provide up-to-date financial information from anywhere, at any time, allowing you to make informed decisions about your business.

Improved collaboration

With cloud accounting, you and your accountant can work together in real-time, from anywhere, making it easier to collaborate and get things done quickly.

Increased efficiency

Cloud accounting software automates many repetitive tasks, freeing up time for you and your accountant to focus on more important areas of your business.

Enhanced security

Cloud accounting software is often more secure than traditional accounting methods, as it employs advanced encryption technologies to protect your financial data.

Scalability

As your business grows, your accounting needs will likely become more complex. Cloud accounting software is highly scalable, allowing you to easily add new features and functionality as your business expands.

Why Choose CloudAccountant.co.uk?

Here at CloudAccountant.co.uk, we provide easy cloud solutions that free up your time to do what you do best – run your business. Whether you need help scaling or are just starting up, we’re here to help at every stage.

We provide all the services you’d expect from an accountant to businesses across the UK – Accounts, Tax, Payroll, Business Advice, etc. Whatever type or size of business you have, our friendly and experienced online accountancy team will help you every step of the way.

Get in touch.

Our flexible approach means you get the accountancy services and support you need when you need them. We’ll get to know your business circumstances and will adapt to your changing needs.

If you have any questions, please get in touch and one of our team will be able to help.