• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Reply to: Accountant Fees

Collapse

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Accountant Fees"

Collapse

  • Alan @ BroomeAffinity
    replied
    An apology

    Wrong thread. Sorry.
    Last edited by Alan @ BroomeAffinity; 2 August 2012, 09:41.

    Leave a comment:


  • moggy
    replied
    Originally posted by TestMangler View Post
    Don't think you're allowed to advertise other accountancy firms on here, are you ?

    I will stress that I'm fairly sure that they won't take any new clients on, but you can always try.

    If you search for an accountancy firm in Tain, with Butler in their name, you won't go far wrong

    PS - Based in North east Scotland, so if your co is England and Wales, you won't be able to use their reg office facility.
    I can't see why you shouldn't be able to give the firm a positive shout - as long as its not yours of course!

    Other companies get good and bad rep on here all the time (northenlad has done just this on another thread for his accountancy firm), so if you're happy with them pass on the info I say.

    Leave a comment:


  • TestMangler
    replied
    Don't think you're allowed to advertise other accountancy firms on here, are you ?

    I will stress that I'm fairly sure that they won't take any new clients on, but you can always try.

    If you search for an accountancy firm in Tain, with Butler in their name, you won't go far wrong

    PS - Based in North east Scotland, so if your co is England and Wales, you won't be able to use their reg office facility.

    Leave a comment:


  • Segush
    replied
    Originally posted by zayf View Post
    Hi,

    Do you mind sharing your accountants details.
    Interested too. Could you please share?

    Leave a comment:


  • zayf
    replied
    Originally posted by TestMangler View Post
    I pay £600 per year and have had the same accountant for 17 years.

    He's never charged me for any 'extras' like mortgage references or, more recently, stupid bloody gap references for agents.

    Find a small firm who is used to dealing with small LTDs rather than one of the 'names' known to contractors. you'll get a better service.

    Mine was doing one man ltds in the oil industry a long time before IT contracting was in vogue.
    Hi,

    Do you mind sharing your accountants details.

    Leave a comment:


  • Fra
    replied
    The letter is for the Visa application of my wife, it's very short, it says how long I have been a contractor, past turnover, projected turnover and
    if they need more information please contact us

    Ok understood, as I suspected I am overpay the accountant, I will start the procedure to change it.

    cheers everyone.

    Leave a comment:


  • TestMangler
    replied
    I pay £600 per year and have had the same accountant for 17 years.

    He's never charged me for any 'extras' like mortgage references or, more recently, stupid bloody gap references for agents.

    Find a small firm who is used to dealing with small LTDs rather than one of the 'names' known to contractors. you'll get a better service.

    Mine was doing one man ltds in the oil industry a long time before IT contracting was in vogue.

    Leave a comment:


  • Greg@CapitalCity
    replied
    Originally posted by Fra View Post
    now to write a letter explaining what I do, this guy is going to charge me 180 pounds.
    You know, I hear about this more and more, and I sure these kinds of 'extras' give a good boost to the accounting firms profits, but I'm with Clare on this one - it seems a bit unreasonable.

    Leave a comment:


  • Jeremiah@RHJAccountants
    replied
    It does seem very excessive to me as i would not dream of charging my clients £180 for a reference letter. But what is the letter for?

    Most accountants will include the letter as part of the monthly fee.

    I would ask him what the charge is for.

    Leave a comment:


  • Clare@InTouch
    replied
    Originally posted by Wanderer View Post
    Eh? £180 to write a letter? what's in the letter? If it's a straight forward one then tell your accountant to wind their head in or you will sack them.


    Agreed. A reference letter should be included in the fee if you're paying £115 pcm plus VAT. It's not as if it takes a massive amount of time, usually.

    What's the letter for?

    Leave a comment:


  • Wanderer
    replied
    Originally posted by Fra View Post
    to write a letter explaining what I do, this guy is going to charge me 180 pounds.
    Eh? £180 to write a letter? what's in the letter? If it's a straight forward one then tell your accountant to wind their head in or you will sack them.

    Leave a comment:


  • kaiser78
    replied
    Originally posted by Fra View Post
    I have an accountant, and this is normal I believe, now this accountant costs me 138 pounds a month and I think it's already
    a little bit expensive but ok, if it does a good job I am prepared to pay such amount, now to write a letter explaining what I do, this guy
    is going to charge me 180 pounds.
    I am wondering, did I choose a very expensive accountant or I am too greedy?
    He is the only accountant I've ever had and I can't compare with anybody else but probably people in this forum
    got a lot more experience than me and I am sure I can get a proper answer.

    cheers
    £138 seems high, £180 is excessive. General view is no more than £100 /month max for a good level of service. Search around as per previous suggestion but certainly look to move away from current accountant based on their proposed charges.

    Leave a comment:


  • northernladuk
    replied
    Try and do a search. Accounts fees and recommended accounts have been discussed in great detail many many times. There is a thread stelling you how to search in the welcome forum.

    Leave a comment:


  • Fra
    started a topic Accountant Fees

    Accountant Fees

    I have an accountant, and this is normal I believe, now this accountant costs me 138 pounds a month and I think it's already
    a little bit expensive but ok, if it does a good job I am prepared to pay such amount, now to write a letter explaining what I do, this guy
    is going to charge me 180 pounds.
    I am wondering, did I choose a very expensive accountant or I am too greedy?
    He is the only accountant I've ever had and I can't compare with anybody else but probably people in this forum
    got a lot more experience than me and I am sure I can get a proper answer.

    cheers
Working...
X