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Reply to: Do I pay to much for the accounting?
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Previously on "Do I pay to much for the accounting?"
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Originally posted by bigelvis View PostThanx for advice
Assuming that I work about 47 weeks a year:
47x20=940 + 705 (600+vat) +80 = 1725 a year
I got a quote from Brookson and it's almost the same, so it's not worth to migrate to them.
Anyone could suggest some cheaper good accountant with web based instructions etc. please?
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Originally posted by Wanderer View PostSo I make that about 3500 / year? I'd say that a fair price is about 1000/year but your mileage may vary
Assuming that I work about 47 weeks a year:
47x20=940 + 705 (600+vat) +80 = 1725 a year
I got a quote from Brookson and it's almost the same, so it's not worth to migrate to them.
Anyone could suggest some cheaper good accountant with web based instructions etc. please?
Leave a comment:
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Originally posted by Wanderer View PostSo I make that about 3500 / year? I'd say that a fair price is about 1000/year but your mileage may vary
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Originally posted by bigelvis View PostCould you tell me please if the below fees are not too high for the accountancy of my 1 person ltd company:
- 20£ weekly fee for "review of invoices and sales ledger, maintaining accounting records " etc
- 600£+vat for preparing quarterly VAT returns, annual accounts and year end Corporation Tax computations - which they took from FRS bonus
- tax return - "filing end of year employment returns online" - 80-100£
cheers
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Originally posted by bigelvis View PostHi
This is my first post here
Could you tell me please if the below fees are not too high for the accountancy of my 1 person ltd company:
- 20£ weekly fee for "review of invoices and sales ledger, maintaining accounting records " etc
I know people who have been ripped of by their accountants cos they do everything for them.
Originally posted by bigelvis View Post- 600£+vat for preparing quarterly VAT returns, annual accounts and year end Corporation Tax computations - which they took from FRS bonus
- tax return - "filing end of year employment returns online" - 80-100£
cheers
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Yes
Yes you are paying a lot for your accountant to look after a relatively simple scenario.
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This is done almost on a monthly basis. Have a search and you will find a host of threads where people have already compared their costs. I am not being unhelpful. its just you wont get much response cause we have done it so many times.
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Do I pay to much for the accounting?
Hi
This is my first post here
Could you tell me please if the below fees are not too high for the accountancy of my 1 person ltd company:
- 20£ weekly fee for "review of invoices and sales ledger, maintaining accounting records " etc
- 600£+vat for preparing quarterly VAT returns, annual accounts and year end Corporation Tax computations - which they took from FRS bonus
- tax return - "filing end of year employment returns online" - 80-100£
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