Accounting staff and pay

Accounting staff and pay

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I am about to advertise again for a part-time AAT to work in my practice.

The job will be predominately accounts prep from incomplete records using PTP accounts software with some VAT and payroll work as well.

I want to pay well for a good person but realise its quite easy to get a bit 'out of touch' with current rates. Anybody willing to suggest a sensible hourly rate for this type of work?
Nicola

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By AnonymousUser
23rd Nov 2005 13:42

Stephen, Nicola, Neil
Stephen: You'll be telling me we have to consider women of child-bearing age and expose ourselves to potential SMP claims next.

Nicola: We pay 30% of net fee to a subbie for working from prime docs to ETB. We provide all paper etc, and where relevant we pay for couriers. The s/c always works from home. We also always ask them to sign a no poaching agreement and contract for services.

Neil: We have found that the PAYE section of IR disagree with your comments. I am quite happy to write a contract for services incorporating the standard mutuality of obligation and substitution clauses but what the local inspectors/revenue officers are looking for is an opportunity for s/c to make profit loss. Without doubt we could win the battle but I don't want to lose the war. On our own contracts we are determined to be whiter than white and we therefore only pay up to 5% of annual income to a s/c on a time basis, the other 95% is always task based.
Two of my s/c are our ex-staff who have moved away or had children. I would lose them if I insisted that they incorporate.


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By AnonymousUser
22nd Nov 2005 18:13

Martin ..
I hope you phrase this more carefully when recruiting. It is now illegal to treat people less favourably because they are part-time!

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By User deleted
22nd Nov 2005 19:35

THANK YOU
Many thanks for the responses.

Martin can I ask out of interest what % of fees you pay subcontractors? I'd really like to take on a part-time member of staff but have been approached by some people to do subcontract work and may have to take this route to get someone. Any other pointers to consider with subcontractors? Do they tend to work from home and to what stage do you get them to do a job?

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By NeilW
22nd Nov 2005 21:27

Subbys
Make sure your subbies are incorporated. That way the employment issue is their problem, not yours.

It is entirely possible to pay hourly rates and avoid employment issues. Simply make sure that the contract is set up right - task based on a no obligation basis is best.

NeilW

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By AnonymousUser
22nd Nov 2005 13:27

£20k on a pro rata basis
Nicola
In Kent we need to pay c.24k for an aat. For a part-timer, which is much less useful to us we pay c.20k on a pro-rata basis.
Stormrider
If you are paying an hourly rate to your s/e workers watch out for the HMRC arguement that the workers are in fact 'ees. We will only engage s/c staff on a % of fee basis.
Regards
Martin

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By perry23
22nd Nov 2005 16:07

Practice salaries
Hays also produce a nice idea of salary of staff which we use to keep in line with other practices see hays.com/accountancy

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By User deleted
21st Nov 2005 23:08

Many thanks that is very helpful.

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By User deleted
21st Nov 2005 20:09

It depends!
Hi Nicola!

It does depend a lot on where you are based and what alternative work is available in your area. An AAT will often earn more in industry, if that sort of work is around. I work at a practice that currently pays an AAT a salary of circa £20,000 per annum in Devon. I pay self employed AAT's on an hourly basis between £10 and £15 per hour in my own practice (also in Devon.

Hope this helps

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