[JM SELECT SERVICES]

would like to know what i should be expecting to pay for  an accountant, i will be sole-trader no employees, subbing my self out to other companies for a few days a week then the remaining days i will be getting my own customer base.
so my book-keeping should be preey basic. have been told by one accountant, that i will be looking at £250-450.,, any info please..

[Scott Martin]

Hi ,

i am usually £700/£8oo per year but this is increasing as we are now a LTd Co, the increase is worth the advantages though!

Cheers

[Ken Wainwright]

I'm paying almost £500 which includes my Self Assessment.

Try asking others trades/business people, shopkeepers etc. in your local area. Like our own industry where we have markets within a market, the same can happen with accountants too. This will give you a wide variation in fees, part of which will be to fund the more swanky offices

Safe and speedy recovery:)
Ken

[lee_gundry]

£600/£700 per year plus self assesment

Lee G

[Chris Bailey]

£306.38 + VAT per annum including self assesment.  I pay my accountant £30 per month inc vat by direct debit.

Been with him for 5 yrs, good honest and very helpful.

I do get charged extra for extra work but even so.. as an example, I use sage accounting and payroll, I had a problem that screwed sage up.  Bearing in mind my accountant charges £100 per hour it took him 5hrs and he only charged me £150 .

Can't promise he will do the same for anyone else... but if you want his number pm me.

Chris

[martin32]

Hi all

Im new to this forum and think its a great site , regarding the above question about accountancy fee's , I used to be self employed in the construction industry and my accountant charged me a yearly fee of £180 so your quote would be  fair enough.

Martin

[Neil Gott]

My business affairs are not complicated, so I do my own books:
Day to day entries 15 mins per day approx
Year end accounts 2 hours
Self asssessment (with aid of software) 6 hours

[Ian Gourlay]

DIY   Nil however if you need a mortgage etc you may have problems But thankfully I do not have this headache

As a matter of interest do you have to have an Accountant for a Limited Company

I was under the impression that the rules changed and you only needed one if your turnover was over 250k

[Derek]

Hi

My business is a Limited Company and this means extra work for the Accountant. My charges are in excess of £800 pa.

I don't begrudge paying this figure as I get total peace of mind and he deals with all aspects of my tax situation. I use an independant guy who is highly rated by the Revenue (pays to have in side information at times like this) 

My reason for going Limited in the very early days was security...We were employing a lot of staff in those days, taking on a lot of major contract work and therefore in the unlikely eventuality of us going bust I wanted my house out of the equation.

Derek

[David Ware]

I'am a sole trader. Accountant does tax return and self assessment and good advise £200. Based in Hornchurch Essex.
David Ware

[Doug Holloway]

Hi,

Mines the same as Dave , accountant in Rayleigh, Essex.

Cheers,

Doug

[Ian Rochester]

Mine cost me £370 for this year, when I first started he promised me that he would save me more than he cost me, he did, £900 less than I expected to pay!