What is an Online Accountant?

The world of work has changed so much in recent years that engaging an online accountant has become common practice, particularly for freelancers, contractors and the self-employed.

And seeing as you’ve arrived on this page, it’s safe to assume that you’d like to learn more about this effective, economical and trusted method of accounting.

So, without further ado, we’ll run through everything you need to know about online accounting and what the best online accounting services offer.

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What is online accounting?

An online accountant provides a range of accountancy services over the internet, typically through accounting packages that cover your accounting essentials and more. This is in contrast to traditional high street accountancy firms, which tend to charge per service provided.

Benefits of online accounting

The beauty of online accountants is that in most cases they will offer everything you need to ensure your tax compliance and help you operate tax efficiently - for one fixed monthly price.

For example, the best online accountancy services wrap up the following types of products into one package:

A dedicated accountant
Corporation tax return
Self-assessment tax return
Annual accounts
Payroll and PAYE
VAT filing
Free set up
Free limited company formation
Unlimited face to face, phone and email support

Such a comprehensive service offers customers:

Peace of mind, knowing that an expert is taking care of all their tax obligations
Transparency, thanks to fixed, affordable monthly fees
Value for money, with tiered packages to choose from depending on your budget
Flexibility, with packages that don’t expect a long-term commitment

In conclusion, the convenience of accessing accountancy services online, coupled with comprehensive packages that cover everything from tax compliance to payroll, online accounting offers a range of benefits. From peace of mind to transparency and flexibility, the advantages are clear. So, whether you're a freelancer, contractor, or small business owner, consider embracing the efficiency and affordability of online accounting services for your financial needs. It's a decision that can streamline your operations and help you focus on what truly matters – growing your business.

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