Thanks OP, I hadn't realised that so have just downloaded lots of them. Much appreciated.
Fewer users here but also 100% price increase. Ridiculous.
You’d have thought they may have waited until after the software awards...
Was with Bluefin for years, decent service but Abbeytax wouldn’t support their telephone advice in writing at that time so I moved to a policy via Brunel Professions in early 2018.
The cost is around £250 pa for £500k cover compliant with ICAEW requirements. Includes a tax helpline with Croner Taxwise who will confirm advice in writing. To be honest I haven’t used it yet though.
I use moneysoft payroll and am very happy with it.
I use QBO for most clients but just don’t like the payroll function, moneysoft is quicker, easier and more straightforward.
Look at your local ICAEW society, they tend to do good cost effective training. I live between two district societies, one runs far more courses than the others and are worth travelling for. Most give discounts for low or half rate subscription payers too.
Definitely join the tax faculty too, I think it’s great value for money as they have lots of webinars.
Mercia also do offers on courses every now and then which make them quite cheap.
I’d be happy with about £2,500 + VAT for that. I have a similar client but with approx 100 transactions a month.
If you do the bookkeeping the year end is relatively simple. Quarterly bookkeeping and VAT for my similar client can be done in three hours x 4, Annual director payroll takes an hour max, SA100 30 mins max, year end accounts and CT600 somewhere between 5 and 8 hrs including sign off meeting depending on what has gone on that year.
So maximum 22 hours pa for £2,500 gives me a good enough return. I’m happy, they’re happy. Depends really what hourly rate you want to achieve, for me £100ph is fine, I know I could probably go for more but I’m happy with that.
So yes for me £4K + VAT seems high.
As this has been re-opened, to update I have been using TSO Host for email and web hosting since the changeover in 2012 without any problems at all. Would highly recommend.
There is an accountant near me who has asked for six years on both occasions I have passed a client over!!
I tend to send them the last year only and they haven't yet got back to me to ask for more. If they had asked for two years I probably would have sent it but six years is taking the p***.
Yes the refund covered my fee and left an amount which, while not considered substantial to most, the client was very happy with.
Just a quick update to this - got a letter through from HMRC this morning allowing the entire appeal and cancelling all £1,300 of penalties!
One very happy client :-)