NYKeys Posted August 10, 2020 Report Share Posted August 10, 2020 Looks like we're going from paying £1200 inc VAT a year to £2736 inc VAT. Our old accountant retired and we've had to change accountants and go in for MTD ... Quote Link to comment Share on other sites More sharing options...
Dave the locksmith Posted August 10, 2020 Report Share Posted August 10, 2020 £0 do it all myself Quote Link to comment Share on other sites More sharing options...
Mike at Vauxhall Posted August 10, 2020 Report Share Posted August 10, 2020 £425 . Quote Link to comment Share on other sites More sharing options...
exp121260 Posted August 11, 2020 Report Share Posted August 11, 2020 £500 including VAT. Sole trader , if you are a company or VAT registered, it will be more ! I did myself for couple of years but could not be bothered anymore. Quote Link to comment Share on other sites More sharing options...
Mick Friend Posted August 11, 2020 Report Share Posted August 11, 2020 £1200 and still got a £6K corp tax bill Quote Link to comment Share on other sites More sharing options...
x minit uk Posted August 11, 2020 Report Share Posted August 11, 2020 £900 Quote Link to comment Share on other sites More sharing options...
Lee Posted August 11, 2020 Report Share Posted August 11, 2020 I do my daily / weekly accounts & get an accountant to do the limited company reports and my tax returns and so on once a year & its about £500 Quote Link to comment Share on other sites More sharing options...
keithm Posted August 11, 2020 Report Share Posted August 11, 2020 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. k4mrc 1 Quote Link to comment Share on other sites More sharing options...
Simes Posted August 11, 2020 Report Share Posted August 11, 2020 £1100'ish (VAT registered) includes a few extra bits and bobs they did for us through the year. Quote Link to comment Share on other sites More sharing options...
lockdecoders Posted August 13, 2020 Report Share Posted August 13, 2020 £3000.00 Quote Link to comment Share on other sites More sharing options...
k4mrc Posted August 13, 2020 Report Share Posted August 13, 2020 shop about this happened to me, my nephew worked at the firm who warned me that every year they increase did so and happier Quote Link to comment Share on other sites More sharing options...
Simes Posted August 13, 2020 Report Share Posted August 13, 2020 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! Quote Link to comment Share on other sites More sharing options...
grahamparker Posted August 13, 2020 Report Share Posted August 13, 2020 About £2000 + vat. Quote Link to comment Share on other sites More sharing options...
Patsy Posted August 13, 2020 Report Share Posted August 13, 2020 2500 inc payroll Quote Link to comment Share on other sites More sharing options...
ponsaloti Posted August 13, 2020 Report Share Posted August 13, 2020 Around £1500. Inc Vat registered and payroll for 2 employees Quote Link to comment Share on other sites More sharing options...
k4mrc Posted August 13, 2020 Report Share Posted August 13, 2020 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 Simes 1 Quote Link to comment Share on other sites More sharing options...
Ilynelson Posted January 31, 2023 Report Share Posted January 31, 2023 One thing you can do to help keep costs down is to make sure that all your records are in order, including your paycheck stubs. Having all your financial documents in good order will make it easier for your accountant to file your taxes and keep your records up to date with Making Tax Digital (MTD). It's also good to shop around and compare prices with different accountants, as well as their services, before making a decision. Sometimes, you may find a better deal with another accountant who offers the same services at a lower cost. Quote Link to comment Share on other sites More sharing options...
da miller Posted January 31, 2023 Report Share Posted January 31, 2023 £350.oo a year honest Quote Link to comment Share on other sites More sharing options...
Flash Posted January 31, 2023 Report Share Posted January 31, 2023 £450.00 for me. Quote Link to comment Share on other sites More sharing options...
algsoul Posted February 1, 2023 Report Share Posted February 1, 2023 £380 last year (but she works from home) saves a little bit Quote Link to comment Share on other sites More sharing options...
grahamparker Posted February 1, 2023 Report Share Posted February 1, 2023 Over 2k for me. Quote Link to comment Share on other sites More sharing options...
k4mrc Posted February 1, 2023 Report Share Posted February 1, 2023 been told by an 'accountant' if you switch to Quick books you save a fortune.. Quote Link to comment Share on other sites More sharing options...
Auto Key Wizard Posted February 1, 2023 Report Share Posted February 1, 2023 We use Intuit Quick books and pay £1215.00 + VAT accountancy Quote Link to comment Share on other sites More sharing options...
Mike at Vauxhall Posted February 1, 2023 Report Share Posted February 1, 2023 £600. Quote Link to comment Share on other sites More sharing options...
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