Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: simon123 on August 28, 2008, 09:44:02 pm

Title: VAT and accountants !
Post by: simon123 on August 28, 2008, 09:44:02 pm: I have just had a quote for doing my VAT accounts for £40 a month , how much do you pay ?
Title: Re: VAT and accountants !
Post by: Nathanael Jones on August 28, 2008, 10:21:29 pm: I paid about €600 for ALL my accounts, Tax and VAT last year.
Title: Re: VAT and accountants !
Post by: simon123 on August 28, 2008, 10:40:26 pm: Quote from: Nathanael Jones on August 28, 2008, 10:21:29 pm
I paid about €600 for ALL my accounts, Tax and VAT last year.
You must be raking it in :P
Title: Re: VAT and accountants !
Post by: poleman on August 28, 2008, 10:59:08 pm: I pay £1800 and for that...VAT and Tax returns, PAYE, Ltd company accounts done (profit and lost)
Title: Re: VAT and accountants !
Post by: ftp on August 28, 2008, 11:22:32 pm: Is this a post to draw the high earners in. ??? ::)
Title: Re: VAT and accountants !
Post by: Nathanael Jones on August 28, 2008, 11:25:38 pm: In Ireland the VAT threshold is much MUCH lower.

Its good though IMO to be VAT registered even if you are a little below the limit. When you're going for the commercial work it makes you look that much more professional.
Title: Re: VAT and accountants !
Post by: simon123 on August 28, 2008, 11:52:54 pm: Quote from: Nathanael Jones on August 28, 2008, 11:25:38 pm
In Ireland the VAT threshold is much MUCH lower.

Its good though IMO to be VAT registered even if you are a little below the limit. When you're going for the commercial work it makes you look that much more professional.
Agree
Title: Re: VAT and accountants !
Post by: poles apart on August 29, 2008, 08:15:19 am: Quote from: simon123 on August 28, 2008, 09:44:02 pm
I have just had a quote for doing my VAT accounts for £40 a month , how much do you pay ?

You can do vat yourself with a simple spreadsheet and save £40 per month!
Rod
Title: Re: VAT and accountants !
Post by: simon123 on August 29, 2008, 08:58:13 am: Quote from: poles apart on August 29, 2008, 08:15:19 am
Quote from: simon123 on August 28, 2008, 09:44:02 pm
I have just had a quote for doing my VAT accounts for £40 a month , how much do you pay ?

You can do vat yourself with a simple spreadsheet and save £40 per month!
Rod
Good point , but in the long run I think a good accountant can save you money , and I dont leave anything to chance ! 8)
Title: Re: VAT and accountants !
Post by: Nathanael Jones on August 29, 2008, 09:49:51 am: My accountant saved me more money than she charged me last year, and I've high hopes she'll do the same this year!
Title: Re: VAT and accountants !
Post by: Helen on August 29, 2008, 11:27:39 am: Quote from: simon123 on August 29, 2008, 08:58:13 am
Quote from: poles apart on August 29, 2008, 08:15:19 am
Quote from: simon123 on August 28, 2008, 09:44:02 pm
I have just had a quote for doing my VAT accounts for £40 a month , how much do you pay ?

You can do vat yourself with a simple spreadsheet and save £40 per month!
Rod
Good point , but in the long run I think a good accountant can save you money , and I dont leave anything to chance ! 8)
An accountant can save you money, but not on VAT. VAT is chargeable to the customer and payable to HMRC. As mentioned a spreadsheet done by yourself at time cost rather than money cost, and then just let your accountant do the rest. ;D
Title: Re: VAT and accountants !
Post by: pingu on August 29, 2008, 11:40:44 am: 600 euros for all my book keeping inc VAT.

Dave.
Title: Re: VAT and accountants !
Post by: simon123 on August 29, 2008, 12:23:07 pm: Quote from: pingu on August 29, 2008, 11:40:44 am
600 euros for all my book keeping inc VAT.

Dave.
Are we pals now ? ;D