This is an advertisement
Interested In Advertising? | Contact Us Here

Warning!

 

Welcome to Clean It Up; the UK`s largest cleaning forum with over 34,000 members

 

Please login or register to post and reply to topics.      

 

Forgot your password? Click here

L.Doubtfire - The Blade Runner

  • Posts: 822
Accountants Yearly Professional Charges
« on: February 08, 2008, 03:09:39 pm »




Just wondered what you fella`s pay your accountant for doing your yearly accounts?
I`m a self employed sole trader and always have been.Last year he charged me £487
Including VAT for his services.Just got my books back today with his invoice which
Is very basic and it say`s `To professional services rendered` £600. I thought it was a bit `steep`.What are your opinions on this,comments appreciated.

Lewis Doubtfire Gleem Clean ( The Blade Runner )

L. Doubtfire
Window Cleaner

Spursboy1972

  • Posts: 679
Re: Accountants Yearly Professional Charges
« Reply #1 on: February 08, 2008, 03:25:32 pm »
I have just paid £450 inc vat which I thought was steep. What irked me was the £12 expenses...For what?

However I have to balance that off with the amount of tax saved and I am still better off!

My tax bill inc class 4 NI is less than £300
Clear Vision~"The Difference is Clear"

Southampton- Hampshire

john tomkins

  • Posts: 1639
Re: Accountants Yearly Professional Charges
« Reply #2 on: February 08, 2008, 03:31:00 pm »
£150 + vat for me, yours does seem excessive :o

Jake

  • Posts: 348
Re: Accountants Yearly Professional Charges
« Reply #3 on: February 08, 2008, 03:40:27 pm »
£260 for a partnership, but all bookwork completed by us
Exeter, Devon

Paul Coleman

Re: Accountants Yearly Professional Charges
« Reply #4 on: February 08, 2008, 03:46:53 pm »
I paid £233 for the year he just did.  At least I know my accountant turns over less than £64k because there is no VAT mentioned   :)
I am a sole trader and I make it very easy for him which is probably reflected in the charge.

Re: Accountants Yearly Professional Charges
« Reply #5 on: February 08, 2008, 06:52:07 pm »
I do my own lewis.

I presume your accountant assembles your receipts, does a profit and loss account, and the fills in your return. As he has been doing this for a number of years you must have grown familiar with the way he sets it out by now. Do it yourself.

Assuming you are declaring 30k net eanrings he is taking a whole weeks money off you.

NWH

  • Posts: 16952
Re: Accountants Yearly Professional Charges
« Reply #6 on: February 08, 2008, 07:02:16 pm »
That` expensive if you ask me,in most cases all they do is fill in your tax return.

Jeff Brimble

  • Posts: 4347
Re: Accountants Yearly Professional Charges
« Reply #7 on: February 08, 2008, 07:42:26 pm »
£350 for partnership returns, inc vat.

dave0123

  • Posts: 3553
Re: Accountants Yearly Professional Charges
« Reply #8 on: February 09, 2008, 04:26:14 pm »
i paid £120.00 for tax return and the capital expense claims
Dave.

xxmattyxx

Re: Accountants Yearly Professional Charges
« Reply #9 on: February 09, 2008, 05:05:49 pm »
£155.00

groundhog

Re: Accountants Yearly Professional Charges
« Reply #10 on: February 09, 2008, 05:29:58 pm »
A bottle of wine is all it cost me this year!!! As my little sister is a chartered accountant, but she says that she may not be able to do it next year :(  I think I may be able to persuade her though!! ;)

Bobs Window Cleaning

  • Posts: 1257
Re: Accountants Yearly Professional Charges
« Reply #11 on: February 09, 2008, 05:40:18 pm »
£150 + vat
Why oh Why did he spell my name as bod & not bob on my wedding invites.

mark dew

  • Posts: 2901
Re: Accountants Yearly Professional Charges
« Reply #12 on: February 09, 2008, 10:26:07 pm »
£40 but i set out everything myself and give him a disk for his comp if he needs it.
He charges my mate who recommended him £500+, but receives his accounts jumbled up in a carrier bag. For the cheapest price, do what you can yourself.

ok cleaning

  • Posts: 649
Re: Accountants Yearly Professional Charges
« Reply #13 on: February 09, 2008, 10:42:28 pm »
as a ltd company we pay £1200 a year

Dave hook

  • Posts: 94
Re: Accountants Yearly Professional Charges
« Reply #14 on: February 10, 2008, 07:09:56 pm »
Think i got charged £375 + vat this year.  What made me laugh is last year i got a letter from inland revenue saying i've over paid by £13. A couple of days later my accountant sent me a cheque for £12, my accountant  took £1 off me for addministation!!! How petty!
Money makes my world go round!

choice.clean

  • Posts: 231
Re: Accountants Yearly Professional Charges
« Reply #15 on: February 11, 2008, 09:11:16 am »
i pay around a £1000 per year but have just changed as i found accountant was not doing his job. our new one is one of our customers. seems to know his stuff too. In my experience accountancy is all history and many of them want to run 18 months behind. i have agreed with new accountant that i will send him a report off our system every 4 months and he will review and give any recommendations. this will be our 4th accountant in 6 years. and every one of the other 3 has been uncontrollable i.e. only want to do books at end of year and little interest in our own business. many are ill informed too. try asking them if directors have to be paid national minimum (they don't) see if they know that one most don't if they do they might be well informed. the bigger companies are too expensive in my experience too. one i chatted too proposed that he would rise bill by 10% every year. (try to tell your customers that when you are signing them up for window cleaning) the last one said that i should have phoned him at end of year to inform him my return was due??? this despite £1000 bill. in my opinion view your accountant as an expense and insist you get the service.
1914