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Accountant fees

This is a discussion on Accountant fees within the The Florist Shop forums, part of the Public Forums category; I was wondering would anybody tell me how much they pay their accountant. I paid mine last year £1,700. ...


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  #1 (permalink)  
Old 20-03-2008, 05:12 PM
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Accountant fees
I was wondering would anybody tell me how much they pay their accountant. I paid mine last year £1,700. is that a lot do you think? He does my VAT returns and my end of year accounts and also my tax return. I do my own wages and day to day books. Anybody that could even just tell me if they think that is steep or cheap would be helpfulThanks
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Old 20-03-2008, 05:21 PM
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I wouldn't say it was cheap, but then it may not be overly dear either. If they're doing your vat and depending on how far you take your accounts yourself.

I used to do the profit & loss, balance sheet, trading account, accruals & prepayments, depreciation etc and the figures didn't really change much when i got them back. I paid a bit less than that but it really does depend on the amount of work involved.
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Old 20-03-2008, 05:34 PM
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I pay about £1300 but all mine does is prep my year end accounts and files them, plus my corporation tax return, plus is there for the odd bit of advice if I need him. I did moan about his charges cos I have a finance background and prep everything pretty fully before I send it over to them and he's now become a regular private customer of ours .
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Old 20-03-2008, 05:44 PM
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My accountant bill last year was around the £600 mark. That was including vat etc..
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Old 20-03-2008, 05:48 PM
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Other half pays £1800 for everything, he's does not do a jot when it comes to accounts.
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Old 20-03-2008, 06:09 PM
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I was quoted about 1500 a year. Dont think that was book keeping though.
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Old 20-03-2008, 06:26 PM
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Thanks everyone for your replies, I really appreciate your comments. Its just every time I make something, someone wants it, at the moment its the accountant, soon it will be the VAT mans turn again...............sometimes I wonder why I torture myself with this lark, then I make someones day with one of my fabby designs and then I remember........unfortunately for my bank balance, I love the job
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Old 20-03-2008, 07:50 PM
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i use a bookeeper rather than an accountant who charges me by the hour. She does my requi every month when my statement comes in but ob i update my own books. Then she does my tax returns. Bet i pay on average £20 a month but i am not vat registered. I work out my own profit and loss etc as i like to keep an eye on it monthly myself.
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Old 20-03-2008, 09:57 PM
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600 plus vat,, includes wages tax returns etc...

I do my own book keeping now.. but when they used to do that as well then it was 1200 plus vat.
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