Accountant costs - reasonable?

Accountant costs - reasonable?

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MJ85

Original Poster:

1,849 posts

175 months

Friday 16th March 2018
quotequote all
I just thought I'd check here, as I know you all love good value!

Do these numbers seem reasonable for accountancy and book keeping? To me, they do, but it is the first time I've done this. Limited company, one employee...me.

Thank you.



Completion of Annual Accounts from the Company records
Submitting to Companies House and the Inland Revenue
CT600 Return
Cost £720

Monthly book-keeping:
To post and balance monthly purchase and sales ledgers
To reconcile Bank Statements
Other book-keeping services as required
Cost £15/hour

Payroll:
Cost £60 per month (if required)

Self assessment:
It is also mandatory for a director to file a personal Tax Return. This is a service we provide.
Cost £220 (if required)

MJ85

Original Poster:

1,849 posts

175 months

Friday 16th March 2018
quotequote all
It will be VAT free. Okay, good to know.

MJ85

Original Poster:

1,849 posts

175 months

Friday 16th March 2018
quotequote all
Okay, good to know. I might question payroll.

MJ85

Original Poster:

1,849 posts

175 months

Friday 16th March 2018
quotequote all
I’ve looked it up and Payroll does seem odd. I’m going to get another quote.

MJ85

Original Poster:

1,849 posts

175 months

Monday 19th March 2018
quotequote all
After checking those numbers and researching a little more, I have become less happy with them. I've called another company on the back of a personal recommendation and will be going with them.

For reference, the prices are:

Annual sub - about the same
Director sub - £70
Payroll - £45 a quarter
Advice over the phone - £free

Thank you for the info everyone.