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Limited companies are under no obligations to hire an accountant. However, there is no doubt that hiring one will benefit them. Surrey accountants provide valuable services including filing corporate tax returns and managing annual accounts. They take regular and good care of your business’ financial health and also guide you in making strategic investment decisions and diversifying your financial portfolio.

If you are still in doubt about how hiring an accountant will benefit your small set-up, go through the blog to find out how professional accounting services can save your valuable time while taking all the troubles off your busy schedule and helping you run your business with improved efficiency.

How Can An Accountant Help Limited Companies?
An accountant brings his expertise and experience to the table, helping your business to stay on the track and to grow against all the competitions and potential hindrances. Professional accounting services can help you in different ways, some of which are:

Help You Register Your New Company: This is the first step to start a new company. Your accountant will help register your company, saving you all the time and legwork. He will also provide all the necessary information, even the micro details, on your tax liabilities.

Help You with Payroll management:
In-house payroll management is more common in large companies. However, for smaller businesses, outsourcing makes more sense. You can say goodbye to hours of your effort that you spend on calculating income tax and doing other necessary paperwork to keep your business finances up to date. 

Skilled accountants are, fortunately, payroll specialists and so can handle the matter with high efficiency.

Help You File Your VAT Returns
Does the word ‘VAT’ leave you dead? Well, there are many like you who find the word scary. The word is confusing. On top of that, regulations are always evolving. An accountant can guide you to explore your company’s VAT regulations and choose the most appropriate payment scheme, saving you from having to pay through the nose.

They will also work on quarterly VAT returns and make sure that you are not hit hard with unexpected fines.

Help You with Bookkeeping
Daily bookkeeping is the foundation brick of excellent finance management for any business. It takes time. The work is repetitive and so, feels dull. However, you don’t need to worry. As long as a team of accountants in Surrey is working on your bookkeeping project, have a peace of mind knowing that things are in the best hands.