Hi All,
In need of some advice currently. With my current accountant, I pay a fixed monthly fee of £150 + VAT, and this covers my accounts, VAT, bookkeeping, P11D and preparation of 1 director's personal tax return.
My question is, because this monthly accountancy fee that my ltd company is paying, includes the preparation of a personal tax return, should my accountant be apportioning the cost of the personal tax return and putting this on my P11D as a benefit in kind....since it's a personal tax return?
Just to clarify, I don't pay anything extra to my accountant for them to do the personal tax return, but it is included in the monthly accountancy fee that I pay to them from my ltd company.
Thanks in advance.
In need of some advice currently. With my current accountant, I pay a fixed monthly fee of £150 + VAT, and this covers my accounts, VAT, bookkeeping, P11D and preparation of 1 director's personal tax return.
My question is, because this monthly accountancy fee that my ltd company is paying, includes the preparation of a personal tax return, should my accountant be apportioning the cost of the personal tax return and putting this on my P11D as a benefit in kind....since it's a personal tax return?
Just to clarify, I don't pay anything extra to my accountant for them to do the personal tax return, but it is included in the monthly accountancy fee that I pay to them from my ltd company.
Thanks in advance.
Comment