SJD fee rise. Is £1512 p/annum a reasonable fee?

[Waldorf]

WHS. But I think an accountant is not somebody you want to be choosing on price, because inevitably somebody who claims to be providing the same service for less is cutting some corners somewhere.

http://www.accountancyage.com/digita.../Top502010.pdf (SJD are at no 48)

A lower cost does not necessarily mean a reduced service, another factor is the profits extracted by the company.

The link above shows SJD have a net profit of 41.7% so based on the old rate of £95 the profit element is £39.62 so the "cost" is therefore £55.38 so use that as a base when considering what you pay.

After the increase I guess the profit will be nearly £50 per month or 47.6%

The saving against others will pay for a weekend away or whatever else you choose.

[dweezil]

So there you go. At the end of the day, if £1500 gets you piece of mind, no hassle and what you want then go with it..

Except when your accountant puts a selection of poor juniors onto your admin tasks who make mistake after mistake, and you're paying £1500 per annum...

[Epiphone]

Except when your accountant puts a selection of poor juniors onto your admin tasks who make mistake after mistake, and you're paying £1500 per annum...

And here endeth the lesson. if you're paying for an accountant, get an accountant not an office junior.

[ozzage]

Except when your accountant puts a selection of poor juniors onto your admin tasks who make mistake after mistake, and you're paying £1500 per annum...

I seem to be getting this now with SJD.

Plus I'm sick of checking my accountant's figures and then finding out that because I did something the way my last (SJD) accountant told me, the new (SJD) accountant didn't understand it...

Any good alternatives? I quite like doing the spreadsheet because at least then I know what they are basing decisions on.

[Old Greg]

I seem to be getting this now with SJD.

Plus I'm sick of checking my accountant's figures and then finding out that because I did something the way my last (SJD) accountant told me, the new (SJD) accountant didn't understand it...

Any good alternatives? I quite like doing the spreadsheet because at least then I know what they are basing decisions on.

Hmmmm - it's amazing how many known posters on these boards use SJD and are positive of the service, and how many posters (trolls?) join the board just to do SJD down.

[ozzage]

Hmmmm - it's amazing how many known posters on these boards use SJD and are positive of the service, and how many posters (trolls?) join the board just to do SJD down.

Mate look at my join date (2009!). I just didn't have anything to post before... must be a sad life to be so cynical...

edit: I've used SJD since early 2008 and was always "happy enough" but lately I've been getting more issues, and I think I've had enough.

[Old Greg]

Mate look at my join date (2009!). I just didn't have anything to post before... must be a sad life to be so cynical...

edit: I've used SJD since early 2008 and was always "happy enough" but lately I've been getting more issues, and I think I've had enough.

Just making a general comment. Still suspicious, as a lot of it goes on.

[Lewis]

I seem to be getting this now with SJD.

Plus I'm sick of checking my accountant's figures and then finding out that because I did something the way my last (SJD) accountant told me, the new (SJD) accountant didn't understand it...

Any good alternatives? I quite like doing the spreadsheet because at least then I know what they are basing decisions on.

Nixon Williams are great. Best accountants I've ever had
£75+VAT per month

[Sockpuppet]

About half of what you guys are quoting for me a year. Circa £50 a month.

I do all my VAT, PAYE they just do my year end.

[tyut4669]

you pay £126 a month for what exactly?

How complex are your affairs?

You get money in - revenue.
You pay Money out - expenses.

Obviously that is the extremely simple version... but it aint hard... software puts it all in order...

Corp Tax online is deady easy to do. You can also now do a joint submission to Companies House and HMRC on the same form.

By all means use professionals for advice, but IMHO they add no value to the day to day year to year processes.

I completely agree. I am an IT professional, I have sort of developed a nice spreadsheet which I am using for 3 years now, that has all the formulas needed. If any like to have, I am quite happy to share it obviously free of cost.