Artificial Intelligence-driven Services
At Cloud 8, we believe accounting and taxation service industries are transforming. Accounting and taxation services as we know they are being replaced by cloud-based automation and artificial intelligence-driven services.
The Cloud 8 team are at the forefront of this transformation. We are committed to using the latest technology to provide affordable business services to help you run your business more efficiently. We are committed to equipping you, our valued clients, with customised, well researched and affordable taxation advisory services. Services at a level that traditionally has only been available to big businesses.
As our name suggests, we are 100% cloud-based
We are partnered with Xero to deliver a new, cloud-based accounting solution to our customers.
The Xero ecosystem is unique. The system is made up of over 700 apps and through providing access to these we will not only be your trusted cloud-based accountant and tax agent, we aim to be your business technology and applications advisors also.
We can help you to implement time and cost saving apps, driving your business to operate more efficiently and assisting you to achieve your goals.
What is XERO?
As a business owner, with a busy schedule, Xero’s cloud accounting solution helps you manage the daily demands of a small business. Xero immediately connects you with live, up to date numbers, invoices, reconciliations, trends, graphs.
Designed to be easy to use and accessible anytime, anywhere, across any device, Xero will be your right-hand assistant. Xero makes short work of managing your books, so you can spend more time doing what you love – running your business.
Through our Xero partnership,
Cloud 8 are able to offer:
Two Must Have Xero Features
for Small Businesses
Here at Cloud 8, we understand small businesses. We were in the same position once too. From experience, we know there are two must have features that small businesses need.
Single Touch Payroll is a new way of salary reporting to the Australian Tax Office. The purpose is to encourage more frequent digital salary reporting – and it’s changing the way employers operate.
From 1 July 2018, Single Touch Payroll became mandatory for employers with 20 or more employees. From 1 July 2019, all Australian small business employers are required to report their payroll information this way.
At Cloud 8 we believe Single Touch Payroll has the potential to significantly increase compliance costs for small businesses. Instead of reporting once a year, employers are required to send employee payroll information to the Tax Office at the same time as their standard pay run. This information includes salary, wages, PAYG withholding and superannuation. We know this can be an imposition. But with the help of our partnership with Xero, we can make the process easier than ever.