Originally posted by northernladuk
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Reply to: MVL accountant fee
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Previously on "MVL accountant fee"
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Originally posted by northernladuk View PostSpeak to Chris Maslin at Maslins/MVL Online. He's done it for quite a few forum regulars. Seem to think 1k isn't bad. When MVL came out there were charges upwards of 3k being banded about.
IMO don't use a local accountant. I've been stung by that in the past. Use a proper one. Location is irrelevant.
Not sure why you've posted this in the business section though.
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Originally posted by agentzero View PostCall local accountants and get a figure. Explain that your company is up to date with everything and get the hell off your current accountant. Cease service immediately.
It'll cost you £250 or so in total. Tell your current accountant to get a grip, as they are taking advantage.
On the flip side I have already almost paid the whole year with my current accountant and therefore they will manage my personal tax situation for tax year 21/22.
So not sure it is the good strategy to stop the service now and search for a new accountant. Also it could slow down MVL process.
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Speak to Chris Maslin at Maslins/MVL Online. He's done it for quite a few forum regulars. Seem to think 1k isn't bad. When MVL came out there were charges upwards of 3k being banded about.
IMO don't use a local accountant. I've been stung by that in the past. Use a proper one. Location is irrelevant.
Not sure why you've posted this in the business section though.
Leave a comment:
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Call local accountants and get a figure. Explain that your company is up to date with everything and get the hell off your current accountant. Cease service immediately.
It'll cost you £250 or so in total. Tell your current accountant to get a grip, as they are taking advantage.
Leave a comment:
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MVL accountant fee
Hi,
I'm looking at charges taken by accountants when closing a LTD via MVL route. I am aware that I also have to pay the liquidator as a separate fee.
Qaccounting, my current accountant is charging £1000 + VAT to do the below work for MVL closure road.
· Preparation of Form 4.25 Statement of Assets & Liabilities
· Preparation, issue, and ultimate submission of liquidation accounts
· Preparation, issue, and ultimate submission of final CT600
· Preparation and submission of final VAT Return
· Liaison with liquidators until final distribution and liquidation completion
Noted that I have already paid 11 months of my monthly package including all services (LTD + personal tax + Insurances).
The cost sounds excessive to me. Even more when they say that they only charge £250 + VAT for a "normal closure" of the company where you extract dividends and pay full taxes.
What extra work is done between a "normal closure" and "MVL closure" apart from liaising with the liquidator?
I have the impression that the above bullets points/justification would have to be completed anyway in a normal closure isn'it? Does it sound fair?
Thanks in advance for your wise comments/advises!
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