Hi all,
I'm due to go on mat leave from July-Feb 2021 this year. I usually pay £120 a month for a package (just to make life easy, I know I can probably get it cheaper, but let's not dwell on that...)
When I'm not working, I've asked what my options are and they've said that this is what they can do:
"we can move you onto the dormant package at £60 a month from when you stop working, this will cover the mandatory filing needed including self assessment tax return, annual company accounts and the monthly salary filing of the SMP."
Now, I'm fine paying this so that they process my SMP but I'll only be doing this until November, so do I really need to be paying £60 a month for them to file accounts and annual company accounts? If I freeze/leave then get another accountant when I start working again, surely they can sort this out in Feb 2021..?
On the other hand, they'll be doing my self-assessment for this year and I assume I'll be paying this in Jan 2021 so maybe I'll want them around then... I've not done it before.
Just want to get your opinion and see if I'm paying for not much or if it's worth it for not having to think about it.
Thanks!
I'm due to go on mat leave from July-Feb 2021 this year. I usually pay £120 a month for a package (just to make life easy, I know I can probably get it cheaper, but let's not dwell on that...)
When I'm not working, I've asked what my options are and they've said that this is what they can do:
"we can move you onto the dormant package at £60 a month from when you stop working, this will cover the mandatory filing needed including self assessment tax return, annual company accounts and the monthly salary filing of the SMP."
Now, I'm fine paying this so that they process my SMP but I'll only be doing this until November, so do I really need to be paying £60 a month for them to file accounts and annual company accounts? If I freeze/leave then get another accountant when I start working again, surely they can sort this out in Feb 2021..?
On the other hand, they'll be doing my self-assessment for this year and I assume I'll be paying this in Jan 2021 so maybe I'll want them around then... I've not done it before.
Just want to get your opinion and see if I'm paying for not much or if it's worth it for not having to think about it.
Thanks!
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