Hi, I have a question about accounting fees as the one I'm with seems to be charging an extortionate amount.
I'm an IT contractor and I switched from an umbrella company to going LTD in August after being talked into going with their LTD service, earn £100 week extra etc. I'm paying £145 per month for a full accounting service and as my contract comes to an end at the end of December I intend to close the company, they have told me that they will charge me £750 to do this. So I'm going to have paid a total of £1475 for 6 months of accounting work.
They will also charge me £260 just to leave them.
Is this too much or pretty standard?
P.S. I know now that setting up a LTD company for just 6 months was a stupid idea but went on the advice of the accountants.
I'm an IT contractor and I switched from an umbrella company to going LTD in August after being talked into going with their LTD service, earn £100 week extra etc. I'm paying £145 per month for a full accounting service and as my contract comes to an end at the end of December I intend to close the company, they have told me that they will charge me £750 to do this. So I'm going to have paid a total of £1475 for 6 months of accounting work.
They will also charge me £260 just to leave them.
Is this too much or pretty standard?
P.S. I know now that setting up a LTD company for just 6 months was a stupid idea but went on the advice of the accountants.
Comment