I'm in exactly the same position. I have taken bookkeeping jobs (providing they include the final accounts and tax), to get me in the door. I work off a 25ph fee and then quote accounts and tax separately. I have no intention of becoming a full time bookkeeper, and plan to take on someone else at a lower rate for the donkey work. I am however a bit worried that I could get swamped with the stuff before I manage to offload anything. Recently I signed up a 250k t/o client for 25p/h on the bookkeeping with a 1400 fee on top for tax and accounts. I reckon it takes me a day and a half a month for the full package of management accounts, VAT, Payroll, and everything else. The thing I have learned very quickly is not to underprice yourself, it just comes back to bite you...
My answers
In the same boat
I'm in exactly the same position. I have taken bookkeeping jobs (providing they include the final accounts and tax), to get me in the door. I work off a 25ph fee and then quote accounts and tax separately. I have no intention of becoming a full time bookkeeper, and plan to take on someone else at a lower rate for the donkey work. I am however a bit worried that I could get swamped with the stuff before I manage to offload anything. Recently I signed up a 250k t/o client for 25p/h on the bookkeeping with a 1400 fee on top for tax and accounts. I reckon it takes me a day and a half a month for the full package of management accounts, VAT, Payroll, and everything else. The thing I have learned very quickly is not to underprice yourself, it just comes back to bite you...