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How much do you pay your accountant...?

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    #41
    Originally posted by garnet View Post
    it does help thanks.You got me thinking....
    I just went to NW's site and used the IR35 checker. According to it I am out of IR35.
    I am aware of IR35 although I am not an expert in it. And I dont need to be, as you said it takes someone who knows what they are doing. First thing this accountant asked me was 'Are you in or out of IR35?' I showed him the clauses of the contract and he agrees I am out. As does the NW's tool. I consider this safe enough, and still as you said, you never know until you have been to a tribunal.
    While all you guys are very helpful I wasn't asking 'Am I in or out of IR35?'. I was asking 'Is this a good price?' Please stick to the question.
    OK, the correct answer is "I have no idea". It's your money, you decide. As I keep on saying, good accountants are free. Bad ones are ruinously expensive. Which one you've got you won't know for a while. Price simply isn't a consideration, quality ad accuracy of service is.

    As for your IR35 status assessment, you're having a laugh (well I am, to be precise), but you don't want to know that.
    Blog? What blog...?

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      #42
      £936 Inc Vat and he spends about 2 hours on my books for the whole years

      that works out to be £468 per hour - Wish i was an accountant

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        #43
        Originally posted by garnet View Post
        it does help thanks.You got me thinking....
        I just went to NW's site and used the IR35 checker. According to it I am out of IR35.
        I am aware of IR35 although I am not an expert in it. And I dont need to be, as you said it takes someone who knows what they are doing. First thing this accountant asked me was 'Are you in or out of IR35?' I showed him the clauses of the contract and he agrees I am out. As does the NW's tool. I consider this safe enough, and still as you said, you never know until you have been to a tribunal.
        You wouldn't take an IR35 specialists advice on how to do your accounts so why are you content with your accountants opinion on your IR35 status? Pass it by QDOS or other proper specialist to take any doubt.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

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          #44
          I think in situations like this, the rates will vary wildly and so will the service given. I recommend finding an accountant that is reliable as a top priority. Because when you can't get hold of your accountant and the deadlines are looming most people wish they paid a little more for a better service!

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            #45
            Originally posted by northernladuk View Post
            You wouldn't take an IR35 specialists advice on how to do your accounts so why are you content with your accountants opinion on your IR35 status? Pass it by QDOS or other proper specialist to take any doubt.
            +1 to that. I want my accountant to be good at accounts. If I want IR35 advice, I will speak to an IR35 specialist.

            My accountant knows her accounting onions and she charges me around £700 per year...
            Older and ...well, just older!!

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