Originally posted by Jeystone
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Need rid of my accountant fast...Any good ones for under 50/pm
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So, what I see from this thread is: if you know something about accounting then go ahead and get something for 50/Month, however if you dont really know what your doing or just want to make sure you dont miss anything then it is probably fine to spend a little extra and get the 'Full Support' package.
Personally, I'm thinking a brand new contractor may decide to take the 120/Month but then move to a cheaper alternative once they are sure how the process works and possibly dont mind doing some of the tasks themselvs.
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Originally posted by GeorgeB View PostSo, what I see from this thread is: if you know something about accounting then go ahead and get something for 50/Month, however if you dont really know what your doing or just want to make sure you dont miss anything then it is probably fine to spend a little extra and get the 'Full Support' package.
Personally, I'm thinking a brand new contractor may decide to take the 120/Month but then move to a cheaper alternative once they are sure how the process works and possibly dont mind doing some of the tasks themselvs.
I know they are more exensive and I can save 60 quid a month (tas deductable) to do it myself but to be honest, I just can't be bothered. For ease of use and peace of mind I am happy with that.
Maybe when I can be arsed I will do it myself but for now I am happy.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by GeorgeB View PostSo, what I see from this thread is: if you know something about accounting then go ahead and get something for 50/Month, however if you dont really know what your doing or just want to make sure you dont miss anything then it is probably fine to spend a little extra and get the 'Full Support' package.
Personally, I'm thinking a brand new contractor may decide to take the 120/Month but then move to a cheaper alternative once they are sure how the process works and possibly dont mind doing some of the tasks themselvs.
Your little one man ltd is NOT complicated and does not require a 'specialist' to do your accounts.
There are thousands of what you call '£50 accountants' out there doing accounts for businesses a damn site bigger and more complicated than yours for £50 a month.
I love the way people on here claim to be 'in business' and then go on to prove time and again that they know nothing about running a business
Edit - I pay £50 per month and don't need to do anything other than email a spreadie to my accountant every month. If I want a question answered, I phone them and they answer it. Your so called 'specialist contractor accountants' are ripping it right out of you.Last edited by TestMangler; 6 December 2011, 21:06.When freedom comes along, don't PISH in the water supply.....Comment
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Originally posted by TestMangler View PostCould one of you f***ing idiots please explain what you think is going to be wrong with a '£50' accountant ?
]Edit - I pay £50 per month and don't need to do anything other than email a spreadie to my accountant every month. If I want a question answered, I phone them and they answer it. Your so called 'specialist contractor accountants' are ripping it right out of you.
So I'll pay the extra £432 a year over a £50 a month guy and sleep soundly thanks.
YMMV. Bully for you.Blog? What blog...?Comment
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Originally posted by northernladuk View PostAs a brand new contractor I did Umbrella for 3 months as I had my hands full with everything else. I then went accountant but used local guy who wasn't contractor specialist and left me in a right mess. I then switched to SJD who have a great spreadsheet which takes some time to fill but works everything out to the last penny so I can see CT, VAT and the inner workings which I found very useful and have also explained each step as the years pass.
I know they are more exensive and I can save 60 quid a month (tas deductable) to do it myself but to be honest, I just can't be bothered. For ease of use and peace of mind I am happy with that.
Maybe when I can be arsed I will do it myself but for now I am happy.
Def not getting an accountant after reading the horror stories on here!Comment
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Originally posted by KittyCat View PostIf your spending time filling out a s/s then your practically already doing yourself? If the s/s is set up well - it does it all for you! The on-line submissions are easy.
Def not getting an accountant after reading the horror stories on here!
I wouldn't say these are horror stories. Hang around here long enough and read the stories of people getting their accounts wrong and try and guess the number of people that have gotten them wrong but have no idea.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by malvolio View PostOK, since you ask so nicely. I used a recommended £45 a day guy when I started out. After three years he'd cost me a couple of thousand is overpaid taxes, penalties and unnecessary IR35 payments.
Honestly, I sometimes wonder if this "good" accountant that people refer to actually exists or if it's just a myth.Free advice and opinions - refunds are available if you are not 100% satisfied.Comment
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Originally posted by Wanderer View PostBut now you recommend SJD? These are the people who were adamant that I should not income split with my wife (who earns no income) and recommended that I take a salary of £12,000/year rather than £7,000 which would have also cost me dearly in avoidable tax.
Honestly, I sometimes wonder if this "good" accountant that people refer to actually exists or if it's just a myth.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostVery strange as I was advised to do exactly both those things (but I did wonder why I should be splitting income with Wanderers wife boom boom!!). I think it is more down to the accountant you dealt with rather than the whole firm.
They are only giving advice based on a cautious approach. If you have better advice from your own resources, or a lower risk threshold, then use it. You pay the accountant, they will only refuse to do what you say if it's illegal or potentially damaging.
At the end of the day, its your company and your money (and your court case). Accountants only advise, the difference being they get sued if they get it wrong.Blog? What blog...?Comment
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