[Splash & dash]

I'm limited, I now pay my accountant £180 per month instead of £30, so any tax savings are eaten up.


I do however now have a safety net for my home and car to be never taken off me should the unthinkable happen. If anything were to happen I simply shut down trading as one thing and start again as something else.

What is the accountant doing for that ? Wages vat? Etc , I think I would be looking for a new one

[dazmond]

£2,160 a year to an accountant......is this normal for limited companies?sounds a bit steep to me?

[Kev Martin]

£2,160 a year to an accountant......is this normal for limited companies?sounds a bit steep to me?

It all depends on the Limited Company, Size, Turnover, Employees etc etc

[Smudger]

You get what you pay for, but generally a decent accountant will save you more than their fee per year

Last quarter they reduced our vat bill by 3k - something to do with how tax man rounds up/ down submitted figures  - not sure exactly the working but I’m happy 👍
Darran