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How much do you pay in accountancy fees?


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It all depends on how much work you are prepared to do yourself.  I used to hat doing it and paid my accountant to do most of it.  If you work hard in your business all week, why would you want to go home or stay late to 'catch up' with your paperwork!

If you can't afford £50 a week, probably over the top for most, then stay in on a Friday and Sunday lunch whilst your mates are down the pub or out with their kids.

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14 minutes ago, k4mrc said:

shop about

this happened to me, my nephew worked at the firm who warned me that every year they increase

did so and happier

Maybe sometimes.  But often you get what you pay for.  For example, not every accountant will call you regularly during lockdown explaining what you can and can't claim, grants that are available and help with claims unless asked.  Not that we needed to because we did it ourselves anyway.  But comforting to know they were on the ball.  We have had other benefits of being with an account that is more than just a self-assessment administrator.  It's a balance.  If they start creeping the price up, challenge them!

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5 hours ago, Simes said:

Maybe sometimes.  But often you get what you pay for.  For example, not every accountant will call you regularly during lockdown explaining what you can and can't claim, grants that are available and help with claims unless asked.  Not that we needed to because we did it ourselves anyway.  But comforting to know they were on the ball.  We have had other benefits of being with an account that is more than just a self-assessment administrator.  It's a balance.  If they start creeping the price up, challenge them!

my 'new accountant' been with them about 8 years now, do all my payroll, vat, bookkeeping etc -did all my furloughing etc -  charged me about £50 extra to me that is very acceptable, they need to make a bit too - with the cheque's in every month for salary etc more than worth it

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