Originally posted by simonsjdaccountancy
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Reply to: Average accountant price
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Previously on "Average accountant price"
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Originally posted by Clare@InTouch View PostIt depends on the advice given though, as even basic tax planning advice isn't provided by all accountants. If your accountant doesn't suggest, for example, giving shares to your non-working spouse then that could potentially cost you thousands in extra personal tax. Or lets you build up a big loan account because you're not reclaiming expenses, without suggesting you repay yourself rather than take yet another dividend in higher rates. Both can cost thousands in unnecessary personal tax, which puts accountancy fees of £1,000 a year into context.
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Originally posted by simonsjdaccountancy View PostCould also cost you thousands in a dvorce settlement......
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Originally posted by Clare@InTouch View Postgiving shares to your non-working spouse then that could potentially cost you thousands in extra personal tax. .
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Originally posted by FiveTimes View PostWhilst I sort of agree with you there is a part that doesn't.
I doubt the savings from my accountant would amount to much. I, and most operate with a simple structure. ie. low salary + divs, very little expenditure - phone, broadband, travel and occasional accommodation.
There is little room for being creative with this structure.
However I do agree with you.
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Originally posted by malvolio View PostMostly it isn't. The median is around £100 pcm if you want a budgetary figure. But the point is that a good accountant should save you enough, directly or indirectly, to cover their annual fee anyway. Get the one you feel is the best fit for your needs, and ignore the price.
I doubt the savings from my accountant would amount to much. I, and most operate with a simple structure. ie. low salary + divs, very little expenditure - phone, broadband, travel and occasional accommodation.
There is little room for being creative with this structure.
However I do agree with you.
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Originally posted by ba55meister View Postthanks, didn't realize it can be that expensive with up to 200 a month
(And just to be picky, £100 a month is actually £80 when you allow for the CT saving.... )
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thanks, didn't realize it can be that expensive with up to 200 a month
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Originally posted by ba55meister View PostHi
I'm looking to open a limited company very soon and was just wondering what were average accountant rates? Fixed monthly fees?
thanks
Also try and get one main point of contact if you can.
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Originally posted by ba55meister View PostHi
I'm looking to open a limited company very soon and was just wondering what were average accountant rates? Fixed monthly fees?
thanks
Different accountants provide different levels of service.
HTH
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Originally posted by simonsjdaccountancy View PostSo the average is £130 a month. That makes us £25 a month cheaper than average....I think the £200 is thankfully something of a rarity though!
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Originally posted by Clare@InTouch View PostAnywhere from £60 a month to £200 a month.
I'd suggest you go for someone who's been personally recommended to you, or give a few people a call and see who you get on with!
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