My clients are mainly Sole Traders and Partnerships. I have'nt had a Limited Comapany client for quite a while. What sort of fees are reasonable for a one man Company (small turnover) assuming non vatable, books not complete and Company secretarial role required.
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Piece of string
The accounting shouldn't be much different but it's the add-ons that count.
PAYE including RTI
CT Return as well as SA for the director
Annual retrns
Abbreviated accounts that are FRSSE compliant and iXBRL filing
Others I haven't thought of
Have you got the systems to support these?
my fee
£850-£1,000 + VAT assuming low number of transactions from incomplete records.
Would review after year one.
My Fee
My fee would be based on the number of hours that I expected the job to take.
Typical IT contractor with 12 Monthly sales invoices with very few expenses and no interviews all by email fee might be £300 for accounts.
In Gloucestershire
I would quote between £750 and £1000, but it would depend on exactly how incomplete the records are and how profitable the business is.
in scotland
£900 to include
1. Year end accounts
2. Company tax return
3. Monthly payroll
4. Directors SA return
5. Annual Return.
6. Tax Investigation Insurance.
Tora?
Somewhere between £500 and £5,000 dependant upon:
(a) how well you are capable of selling the benefits of your services; and
(b) how soft your prospect is.
Go get him, Tiger!
Tongue in cheek
Somewhere between £500 and £5,000 dependant upon:
(a) how well you are capable of selling the benefits of your services; and
(b) how soft your prospect is.
Go get him, Tiger!
Do you see the prospect as a punter? A meaningful professional relationship based on trust sits well with assessing how "soft" the "punter" is! Possibly your comment wasn't as firmly tongue in cheek as some may wish to think but I thought it was funny.
Practice consultants like to state that there is no market rate. I would agree - depends on how you promote your services and how you can show added value to your client/potential client.