So a while back, some of you may recall I had a client moaning about having to prepare accounts when the company has been in IR35 all year. I asked what people thought about simply letting the company be struck off by companies house as there is no tax to pay, so if she does not file accounts, there is no tax loss and I would not lose any sleep over that.
Client obviously does not like this suggestion, which is fine. I (stupidly) offered to do the accounts for half of our usual fee as a gesture of goodwill. All went very quiet for a while, and then today I got an email asking if I would reduce this further as she "can't afford it".
In the meanwhile she has tried using one of these online accountants - presumably the kind that will do your accounts for £tiddly squat if you provide a perfect tb, but as she does not know what a tb is, (I don't mean that to sound rude, I am sure I could not do her job) the price has apparently been getting higher and higher, and, apparently, very stressful, so could I kindly consider reducing my fee as she does not earn a lot to pay for accountancy fees.
I have just seen her IR35 income and it was £100k for a 9 month period.
OK, so there shouldn't be many, if any expenses, but she still has weekly amounts being paid into the company bank account and she was VAT registered. I think half price is a cracking bargain.
SO lovely people, out of interest,
How would you respond to this delightful email? and assuming it is not with "get lost".....
What would you charge for doing the accounts and CT return. Who thinks 50% of usual rates (which are already relatively modest compared to some accountants I could name) is a rip off?