I've just seen a job advert for a bookkeeper/accountant to work on vat and accounts with the remuneration described as
"I pay on percentage of the fee"
Is this still the norm and what is the generally accepted % rate?
Ps sorry for the tag, my iPad won't let me scroll the list of options for some reason!
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I'd want some input into deciding what the fee might be in the unlikely event of me taking on such an engagement.
Ive raised some Qs, including what percentage.
The ad is on another forum and very scant on detail (and to my mind badly worded).
Not one for me neither, Ive a full workload, but thought to flesh it out for someone I know who has lost a few big clients recently.
Ive never subbed so was interested initially if it was common practice and what was reasonable.
Used to be a third of the fee when I was starting out, although that was many years ago.
A third for the subbie, a third for the contractor's practice overheads, and a third profit for the contractor.
Thank you ISIHAC.
The poster remains quiet so far on the other site, so perhaps doesnt wan't to share.
