FEES

Our core monthly fees are outlined below so potential clients can estimate the cost of our services without having to commit to an initial consultation.

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SELF ASSESSMENT

Basic Filing Fee for Individuals: £20 p/m


Sole Trader with Annual Income of £0 - £20k: £20 p/m

Sole Trader with Annual Income of £20k - £30k: £30 p/m

Sole Trader with Annual Income of £30k - £40k: £35 p/m

Sole Trader with Annual Income of £40k - £50k: £40 p/m

Sole Trader with Annual Income of £50k - £60k: £45 p/m

Sole Trader with Annual Income of £60k - £70k: £50 p/m

Once a sole trader is generating £70k of annual income we would recommend that they consider setting up a limited company so this can be VAT registered rather than the business owner.

Discussing the Numbers

PARTNERSHIPS

Dedicated Accountant

VAT Returns

Annual Accounts

Completion of Partnership Tax Return

Completion of Partners Tax Returns

Tax & Business Advice


£0 - £85,000 = £75 p/m

£85,000+ = TBC

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LIMITED COMPANIES

Accounting Software - Sage


Low volume of supplier invoices: £14.40p/m

High volume of supplier invoices or CIS: £28.80p/m

VAT Invoice Processing Bolt On: £10 p/m

Payroll 5: £8.40 p/m


Service


Annual Accounts (Annual Income £0 - £85k): £40 p/m

Corporation Tax Return: £20 p/m

VAT Return (Flat Rate): £25 p/m

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PAYMENT METHODS

Given that we provide an ongoing service for a prolonged period of time we collect our monthly fees via direct debit using GoCardless. Invoices are sent to our clients via e-mail and payment is collected 14 days after this date.

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VAT

We are currently not required to register for VAT however should that change in the future all fees would be subject to this tax.