In the digital world, local accountants are becoming harder to find. Online only accountancy services have become an option for some, particularly during the COVID 19 epidemic . For small companies or those in remote locations, collaborating online provides access to services that previously may have been difficult to obtain. Whilst this approach may suit businesses with simple requirements, other business models can be complex and require a more personalised solution.
Online Accountant Vs Local Accountant
Advantages of a local accountant:
Relationship building
Virtual relationships are convenient, but to establish a solid understanding there is nothing quite like a face to face meeting. Discussing your business in person helps to establish a greater knowledge of your requirements and build a stronger relationship.
Accountability
Has someone avoided your call before? Or perhaps not responded to an email? Meeting a client face to face ensures greater accountability – you become a person rather than just a name.
Communication
Ever felt something was lost in translation? Whether by email or phone, or even an online meeting, sometimes communication can break down or be misinterpreted. Meeting your local accountant will help you clearly communicate your goals, and ultimately help your business to grow.
Dedicated Account Manager
At Styles & Associates Accountancy, we believe being able to meet your accountant is important - we assign our clients their own dedicated account manager who will take the time to understand you and your business.
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We provide the same services as an online accountant - offering cloud based solutions to manage your financial records and VAT returns, with the added benefit of offering face to face meetings for more in depth discussions - and we are always available on the end of a phone.
Cloud accounting service.
The Maxing Tax Digital (MTD) rules which came into came into effect on 1st April 2019 require businesses* to submit VAT returns using HMRC recognised cloud based software to record digital records, and send and receive information via HMRC’s interface.
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At Styles & Associates Accountancy, we work with HMRC compatible online accounting software and are a Xero bronze partner. This allows us to support clients no matter where they are based.
Get in touch today on 01420 541 554 to discuss how we can help you – or make a face to face appointment with one of our team.
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* VAT registered businesses with a taxable turnover over £85k.
Styles & Associates Accountancy can provide the perfect hybrid of online and face to face services.