[NWH]

Can someone please tell me if this seems anywhere near correct,I have just received a bill from my accountant for 1000.
240 of that is for doing payroll once a month I am fuming.

[Cookie]

Is this a £1,000 for the year? How many do you have on your payroll?

[NWH]

I have 1 on payroll so 1 official so to speak ,last year I was charged a lot more than I’d ever been charged I think it was around 400 less.
The bill for doing my return was almost 750 240 extra for doing the payroll part.
There is no way I am paying that next year for filling in a Tax return online for me,absolute joke.

[NWH]

I’ve just emailed him to ask if it’s correct.

[cleaniac]

Can someone please tell me if this seems anywhere near correct,I have just received a bill from my accountant for 1000.
240 of that is for doing payroll once a month I am fuming.

My payroll costs 120 a quarter so annually £480

Last financial years fees for me were £3500. This includes tax advice and filing.

If would be jumping up and down with glee for a bill of £1000 INCLUDING PAYROLL and id say thats what a good book keeper would charge not a chartered accountant.

1000 over 12 months is only £83 a month thats not even a couple of hours labour in our game.

Don't know what this issue is tbh.

[֍Winp®oClean֍]

Can someone please tell me if this seems anywhere near correct,I have just received a bill from my accountant for 1000.
240 of that is for doing payroll once a month I am fuming.

My payroll costs 120 a quarter so annually £480

Last financial years fees for me were £3500. This includes tax advice and filing.

If would be jumping up and down with glee for a bill of £1000 INCLUDING PAYROLL and id say thats what a good book keeper would charge not a chartered accountant.

1000 over 12 months is only £83 a month thats not even a couple of hours labour in our game.

Don't know what this issue is tbh.

I thought there was just you, or you and the missus? WTF is 3.5k for?

[Stoots]

I pay £72 a month, thats for tax return payrol and any advice through the year.

BUT mine has just had a price rise  £80 and gone VAT reg so next month its going up to  £96 inc VAT a month.

so nearly 1200 quid!

Only myself on payrol and 1 other part timer....i do all the bookeeping as well, its way too much

Im changing my accountant at the end of this tax year, ive had a quote of £60 a month for the same service.

I had another quote of £400 just for year end stuff, ive done payrol before myself and its a piece of urine so might do it myself again

[Stoots]

Can someone please tell me if this seems anywhere near correct,I have just received a bill from my accountant for 1000.
240 of that is for doing payroll once a month I am fuming.

My payroll costs 120 a quarter so annually £480

Last financial years fees for me were £3500. This includes tax advice and filing.

If would be jumping up and down with glee for a bill of £1000 INCLUDING PAYROLL and id say thats what a good book keeper would charge not a chartered accountant.

1000 over 12 months is only £83 a month thats not even a couple of hours labour in our game.

Don't know what this issue is tbh.

Just out of interest Marc why do you need to pay so much and have a chartered accountant ? do you have complex returns?

I do all my bookeeping and its in perfect order so my accountant only does 10 mins work a month with payrol and files a return at year end. Plus answers the odd question via email.

I cnt see how thats worth anymore than a grand at most.......lots of quotes ive had for year end only are aoround 5-600 quid so i can see why you would be paying 3.5k! thats insane

[dazmond]

i clean a retired accountants windows and he said to me once "window cleaners are some of the biggest cowboys he ever worked with"......he lives in a very large house in an affluent area......

personally i think some of these accountants are ripping off window cleaners with the ridiculous fees they charge...£3.5k is a joke!

[andyM]

i clean a retired accountants windows and he said to me once "window cleaners are some of the biggest cowboys he ever worked with"

And i would of replied with......"and accountants are some of the biggest crooks i've had the misfortune of working for!" 

[Dry Clean]

i clean a retired accountants windows and he said to me once "window cleaners are some of the biggest cowboys he ever worked with"......he lives in a very large house in an affluent area......

personally i think some of these accountants are ripping off window cleaners with the ridiculous fees they charge...£3.5k is a joke!

We have trained monkeys I mean shiners on here getting £600 a day and you're complaining about a qualified accountant charging £3,5k a year for doing limited accounts, come on. lol

[Smudger]

Sounds reasonable to m e ours is around 1600 quid - we do the pay rolls

However they saved us nearly 4K on vat and tax returns - so I’m happy with that

Darran

[֍Winp®oClean֍]

Sounds reasonable to m e ours is around 1600 quid - we do the patrols

However they saved us nearly 4K on vat and tax returns - so I’m happy with that

Darran

But you're not a "one man band".

[cleaniac]

The transfer of my sole trader business to the ltd company status was quite complex, it would of resulted in a 12k personal tax bill approximately.  This was for tax advice and strategy.

The work my accountants did managed to give me tax rebate on the deal and only marginal corperaton tax to pay.

Tbh 3.5k did stick in the throat a bit, but i asked them to go through with me what they did, which involved filling out dozens of tax forms i never even knew existed, the use of rebates and allowances that i didnt know i was entitled to, and the time dealing and corresponding with hmrc on the companys behalf and mine as director.

The company i use isnt an individual accountant in a small office, its a firm of tax experts and accountants, and they also have venture capitalists available which i may want to use in the future.

Good news is the legwork has been done now so i won't get another bill like that, they assured me..

[Plankton]

Someone should start a thread "Rebates and allowances your entitled to"...

[֍Winp®oClean֍]

Someone should start a thread "Rebates and allowances your entitled to"...

Or "how to over-complicate the world's most simple business and pay for it"

[NWH]

All my accounts go in all in order that’s date order receipts banking etc all in order,I looked through my invoice and it says just for my Tax return not payroll they spent over 12 hours on it.
Complete nonsense.

[NWH]

I’ve never attempted doing it myself I’ve always been advised to go through an accountant and always have done,surely it can’t be that hard if you input the figures etc it’s suoposed to be straight forward and calculates it for you the accountant is a safe guard I know but I’ve never paid over 500 odd quid before.

[֍Winp®oClean֍]

I’ve never attempted doing it myself I’ve always been advised to go through an accountant and always have done,surely it can’t be that hard if you input the figures etc it’s suoposed to be straight forward and calculates it for you the accountant is a safe guard I know but I’ve never paid over 500 odd quid before.

I did self assesment for the first time last year as I was like you and doing all the donkey work myself anyway- before handing accountant my "prepared" accounts. Knocking on 500 smackers for them to input my figures online. Anyhow, it took me about an hour after setting it all up online and that's with double checking everything. Couldn't believe how easy it was. You can even see your previous submissions from your accountant and follow them as a guide- but it's pretty straight forward. 👍

[Plankton]

Used an accountant at the start and then got a self assessment through, so gave him a call and he said just ignore it. I thought I'll fill it in just to be sure and after that I realised I'd saved myself a few hundred squid!