Reply to: Accountancy fees when benched

[bullseye]

ClearSky allow you to put your account in a dormant state for £50pm I think

Which is where I was (and that is why I asked the question) and moved when few of their Main accountants moved to a company that advertises here on CUK. I have now been told that we cannot put the account in suspension.

[CloudWalker]

ClearSky allow you to put your account in a dormant state for £50pm I think

[northernladuk]

I get all the replies that relate to: why should they. But you do have to ask yourself, are we really getting alot of value for money when most of their tasks are likely automated.

You can pick the phone up and ring them at anytime and to a certain extent as much as you want. Should they put a premium rate number for that instead?

How long would you spend on a client for a grand a year? Less than two days. It's not a lot of time.

[SueEllen]

Neither do I.

They are charging you for accounts prep etc which they do at the end of the year.

They are just being kind and giving you 12 easy payments rather than one big one.

[MrMarkyMark]

I get all the replies that relate to: why should they. But you do have to ask yourself, are we really getting alot of value for money when most of their tasks are likely automated.

You could apply that to lots of things in life, don't really get your point

[kookachoo]

I get all the replies that relate to: why should they. But you do have to ask yourself, are we really getting alot of value for money when most of their tasks are likely automated.

[Michael at BI Accountancy]

BUT, if Im on the bench then accountant is potentially not doing payroll and/or dividends maybe. If I was on the bench for a few months I'd probably ask!

Can't hurt too ask. Although they would still be required to submit some RTI submission, regardless of whether you actually take a salary or not.

The main bulk of any accountant's fee is for accounts prep and submission.

[WordIsBond]

I left the country for two months. I asked my bank for a discount on my mortgage because I wasn't using the house. They said no.

I asked my utility company to cancel the standing charges while I was gone. They said if I wanted the service in place and operating when I came back, I'd have to pay it.

I asked my home insurer to discount my fees. They wanted MORE money because the house would be empty.

I asked to have my car lease extended for two months at no extra charge because I wouldn't be using the car. They laughed.

So did I when I read the OP.

[MrMarkyMark]

I know what a P60 is but I thought you needed it to start a JSA claim? The fact I dont know if it's needed would make me COTBAC surely?

[northernladuk]

You of course meant P45 didnt you?

You do know that P60 is the end of year tax summary?

NCOTBAC?

I know what a P60 is but I thought you needed it to start a JSA claim? The fact I dont know if it's needed would make me COTBAC surely?

[MrMarkyMark]

Hi All,

Long time lurker here.

I have been benched for a month now. I wanted to explore if I can ask my accountant to suspend their fees untill the company starts generating revenue again.

Is that normal practice? is that something any of you do?

Thanks,

If you ask them really nicely, they might offer to provide the service for free

[psychocandy]

It doesn't? How much do you pay your accountant!

£95+vat I think (a month). Nixon Williams.

Point is if all you getting is £320 a month or so you don't want to be coughing up over £100 to accountant.

To be fair, didn't ask them last time, but if needed I reckon they would reduce if you asked them. Good guys are NW.

[psychocandy]

Why not just ask him when you are requesting your P60?

You of course meant P45 didnt you?

You do know that P60 is the end of year tax summary?

NCOTBAC?

[SlipTheJab]

But of course, £72 per week or whatever doesnt cover much.

It doesn't? How much do you pay your accountant!

[psychocandy]

At least your JSA would help cover the shortfall

But of course, £72 per week or whatever doesnt cover much.