Accountancy charges for a ltd coy

Accountancy charges for a ltd coy

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kurt535

Original Poster:

3,559 posts

118 months

Monday 1st May 2017
quotequote all
Just about to pay accountant his annual fee for a ltd company I've got that is very much slowing down its turnover as I go off into other directions.

So, Im sole director. It turned in a gross profit of 40k last year and Im being charged 2k fees. Previous years have been a lot higher turnover but good times in the sector I was in are definitely over, hence me winding it down, albeit slowly.

Am wondering how this might compare to what you are charged?

Feedback most welcome.

kurt535

Original Poster:

3,559 posts

118 months

Monday 1st May 2017
quotequote all
Fair play. Thanks for responses.

I submit a pretty in-depth spread sheet I mark off to the bank account, expenses labelled month by month, etc.

I draw the minimum amount to save NI, balance via dividends.

I suppose I should have raised my concerns at start of my tx year when i knew turnover would drop off.

£1k a year seems more appropriate now I guess