Fee question | AccountingWEB

Fee question

Im trying to work out a fee quote and wonder sometimes if I under price my services....

Im based in the Midlands.


My potential client is buying a sandwich shop, turning over £140k pa. It has 2 staff. They are setting up as a Ltd Co

How much would you quote for:

1. Payroll, 2 weekly/hourly staff + 2 directors paid montly (low salary + ) end of year PAYE reporting

2. VAT returns - quarterly

3. Set up book keeping system + follow up visit ( 2hours each time ) + 1 hours travel time each visit

4. Directors tax returns x 2

5. CT600 + full accounts

6. Abbreviated accounts


Im thinking I cant do this for less than £2500+ VAT. They seem like nice clients, nice people to work with who appear organised.

Pa\yroll (£10+52 per week + £100 for directors) = 620

VAT ( 4 x £150) =  600

Directors returns x 2 = 150

tax and accounts = 850 ish? (if Im doing the VAT accounts should be ok)

Set up book keeping = 300

It seems a lot for a small business that is fundamentally doing the book keeping themselves.  Any thoughts? 

Or should I get them to buy moneysoft and do their own payroll and charge them something for setting it up?


What would you charge?

There are 14 comments. Login or register to view them.

You know best

Moonbeam |
Moonbeam's picture

VAT too high

zarathustra |
zarathustra's picture

Similar figure

twj4789 |


euan101 |

Guess we live up to our name

Discountants |
Discountants's picture


Siany |

Payroll is too cheap at £10 per week

dbowleracca |
dbowleracca's picture

You need to take into account how the work is done

petersaxton |
petersaxton's picture

I don't think you are far off most of us.

Jekyll and Hyde |

I agree weekly payroll is a

sheffieldaccountant |

Let us know how you get on

petersaxton |
petersaxton's picture


DawnT |

Not too high

petersaxton |
petersaxton's picture

Like this subject

sawales |