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SMEs could save £17,000 with digital accounting

Small and medium-sized businesses that use digital software to help with their accounting process could save 27.6 days a year, analysis by Sage shows.

According to Sage's research, 59% of SMEs use digital software for accounting, while 18% continue to use manual methods.

On average, those using digital methods estimated that they save 2.3 days a month on accounting processes - worth around £17,000 a year in saved time.

According to Sage, the main barriers preventing business owners from moving to digital accounts included:

  • a lack of digital skills
  • concerns about how easy the software is to use
  • the time it would take to get used to new systems.

Alain Laing, managing director at Sage UK & Ireland, said:

"British businesses need support to become truly digital, so they can focus on their unique products and services, serving their customers, and driving the UK economy by creating jobs and prosperity.

"With the right training, support and framework, we believe that Making Tax Digital will be instrumental in helping give businesses precious time back."

We can assist with your digital accounts.

Why Clients Choose Easy Accountancy

Easy Accountancy offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.

All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.

All our accountancy services include:
  - Unlimited access to your accountant
  - Ongoing advice on how to manage your business
  - Proactive tax advice throughout the year
  - Updates and reminders so you'll never miss a deadline
  - Free bookkeeping software

As a sole trader our fees start at just £60 + VAT a month, for this you receive the above plus:
  - Completion of your Self-Assessment tax return
  - Advice on how much Income Tax to pay
  - Guidance on National Insurance contributions

As a limited company our fixed fee packages are bespoke to your needs, however typically you’ll receive the above, plus:
  - Completion of your year end accounts*
  - Completion and submission of your annual return Companies House
  - The director/s Self Assessment tax return
  - Payroll bureau
  - Dividends and corporation tax computations

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 01442 275767 or email newbusiness@easyaccountancy.co.uk.

*If you would like us to complete your company year end accounts we simply ask that you have been a client of Easy Accountancy for one year or have made 12 monthly payments.