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NWH

  • Posts: 16952
Accountancy costs
« on: April 26, 2018, 03:51:30 pm »
Can you give me some idea of what your paying please for a sole trader with 1 employee,they have to deal with payroll once a month which is basically the same+ complete my TAX return once a year. Thanks

Don Kee

  • Posts: 4879
Re: Accountancy costs
« Reply #1 on: April 26, 2018, 04:11:12 pm »
Weird...I thought you knew it all already...?

(About £500 a year i think, and that’s up to 3 employees. I’d have to look back at paperwork for exact figures though and I cant be bothered)
Why don't you have a quick google before making stupid comments?

deeege

  • Posts: 5011
Re: Accountancy costs
« Reply #2 on: April 26, 2018, 04:30:01 pm »
£500 a year for LTD company, 2 employees.

£100 per year for personal tax return.

"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

Marc Stock

Re: Accountancy costs
« Reply #3 on: April 26, 2018, 04:40:53 pm »
My payrol costs for me and the missus are £400 a year. Accountancy cost in total are around the £1500 mark which is fairly typical for ltd company accounts, this is inclusive of the £400.

NWH

  • Posts: 16952
Re: Accountancy costs
« Reply #4 on: April 26, 2018, 06:06:43 pm »
I wanted to check I thought £7-800 was quiet steep tbh the accountants I use have been taken over and there prices have changed a fair bit.

Stoots

  • Posts: 6213
Re: Accountancy costs
« Reply #5 on: April 26, 2018, 07:23:13 pm »
I had a few quotes on this and it was about 500 for the year all in.

I do it all myself though, with 1 employee its not hard at all.

Payroll costs are a rip off, when you look at what is actually involved it takes about 5 minutes a month to click a few buttons in your software program.


Smudger

  • Posts: 13438
Re: Accountancy costs
« Reply #6 on: April 27, 2018, 08:54:22 am »
We do our own payroll 7 people in total (ltd company) £5 per month
Accountant costs us £1400 for the year

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience