Hive down or retire ?
Five years ago I gave up my office and disposed of a large % of fees. I retained a number of clients and have operated a lifestyle practice retaining one part time assistant. Over the last year I have had to let three large (for me) clients go as their needs required more time than I wanted to give.
I am now reviewing the situation and would like members opinions on what they consider the minimum level of fees is to make it worth the hassle of running a practice.
Fixed overheads software, P.I. and prof fees along with cpd seem to come to around £2k.
Does anybody operate on fees of £11-£15K ?and if so is it worth it. ?
Other questions maximum age to continue in practice and how to get rid.
Thanks a lot.
- Using home as clients registered address 222 5
- VAT MOSS registration 90 1
- Anyone else still working this week? 464 15
- How much does the company pay 815 35
- Which tax returns can I submit? 155 4
- Cocaine anyone? 883 14
- HMRC property income enquiry 445 10
- Proof of identification 118 2
- When to provide S419 tax in the accounts 144 4
- Sole Trader change of accounting date 122 1
- Accounting for cash put into Ltd 303 5
- Childcare vouchers 369 8
- Is this a qualifying loan for interest deductions? 93 2
- New Enterprise Allowance 89 1
- VAT Notice 700/64 - claiming VAT on motor repairs 86 1
- two business from one premises 191 3
- VAT transfer on going concern on incorporation 66 1
- SELLING A PROPERTY at LOSS/PROFIT - CAP GAINS ALLOWANCE 250 4
- 10 Worst xmas presents for an accountant 374 4
- Merry Christmas 149 2
- Accounting referance change & deficient accounts. 509
- corporate hierarchy 479
- Advice - 329
- Anyone had HMRC refusing to act on EPS database glitch? 278
- WWOOFers 267
- The booking.com con 250
- Art Gallery - Splitting a property between business and personal use 250
- Cocaine anyone? 235
- Tax liabilities in USA for warehoused products 228
- UK State pension paid in NZ 178