Smart Use of AI in Accounting: Transforming Client Value
Artificial Intelligence (AI) is revolutionising the accounting profession, not by replacing accountants, but by empowering them to deliver deeper insights, faster service, and greater value to clients. When used smartly, AI becomes a strategic asset that enhances both operational efficiency and client satisfaction.
The software & AI
Automating routine tasks such as data entry and invoice processing gives our clients quicker turnaround times and fewer errors leaving more time for personalised financial guidance.
The AI that we are now seeing being introduced to our software is capable of analysing vast amounts of data in real time, identifying trends, anomalies and opportunities that might otherwise be missed.
Clients receive timely, data driven insights that support better decision making, from cash flow management to investment planning.
It’s a Win-Win for Accountants and Clients
Smart use of AI in accounting is not just about efficiency—it’s about elevating the client experience.
By embracing AI, accounting professionals can become trusted advisors who deliver faster, smarter, and more strategic support. For clients, this means better outcomes, stronger financial health, and a partner who’s always one step ahead.
How we can help – Making Tax Digital
VAT registered businesses have been required to file VAT returns digitally using software for some time.
The requirement to file electronic returns quarterly for Sole Traders and Landlords with income from self employment or property of £50k or more will be mandatory in most cases from April 2026. The is part of The Governments push to Make Tax Digital. It is planned that from April 2027 Sole Traders and Landlords with income of £30k or more will be required to do the same.
We can help you meet your obligations by recommending the most appropriate software with ongoing support and training. We have built a team of professionals who’s roles are to assist our clients make the transition to MTD.
Let us HELP take away the confusion and the pressure.
Understanding your numbers by working with your accountant
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Understanding your finances?
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Keeping your records up to date?
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Meeting Deadlines?
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Contacting your accountant for help and advice?
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Growing your business systematically with confidence?
You know what to do
Dont get left behind - help is on hand
Technology is changing the way we do business and how accounts are kept. Soon the government will require many businesses to submit their tax information via the cloud. At Park Lane Accountants we want to make sure nobody gets left behind. We’ll introduce you to cloud accounting and help you implement the right tools for your business.
Package 1 - For Smaller Businesses
For your business
- Accounts & Tax Returns prepared and filed in good time (for Companies, Partnerships and Sole Traders)
- Companies House Annual Return prepared and filed if applicable
- Ongoing access to advice via your dedicated client manager
For you
- Your Personal Tax return prepared and filed in good time.
- Tax saving advice included
Key Features as standard
Access to a dedicated named client manager ensuring guidance and advice
Access to our secure online document vault to allow secure exchange of information
Fast onboarding and we deal with your old accountant
All services can be added or scaled and are flexible - pay for what you need and nothing else.
Package 2 - For Established Businesses
For your business
- Everything detailed in package 1 plus
- Bookkeeping - keep everything tidy and organised
- Payroll - keep everyone paid and happy knowing the complexities are covered
For You
- Your Personal Tax return prepared and filed in good time plus up to 3 sources of income including:-
- Rental Accounts
- Dividends
- Self Employment
- Employment
- Pensions
- Tax saving advice included
Key Features as standard
Access to a dedicated named client manager ensuring guidance and advice
Access to our secure online document vault to allow secure exchange of information
Fast onboarding and we deal with your old accountant
All services can be added or scaled and are flexible - pay for what you need and nothing else.
Package 3 - For Businesses Insights and/or Growth
For your business
- Everything detailed in business package 2 plus
- Monthly or Quarterly Management Reports with a quarterly meeting either in our office or online live
- At least one planning session per year where we will look forward, set target and goal and measure progress.
- Ongoing business advice and insight to help you identify opportunities to grow and make more money.
For You
- Everything in package 2 plus mortgage references ioncluded as standard.
Key Features as standard
Access to a dedicated named client manager ensuring guidance and advice
Access to our secure online document vault to allow secure exchange of information
Fast onboarding and we deal with your old accountant
All services can be added or scaled and are flexible - pay for what you need and nothing else.
Peace of mind
Grow your business
Peace of mind
We are your local accountant - always
Based in the community, we understand local needs and are proud to support other small and growing businesses. That said our reach is far and we know that our clients value the relationship we hold above everything else.