How much is monthly bookkeeping?

Monthly bookkeeping can vary depending on the type of business you are, the volume of transactions you generate each month, and the number of employees, contractors, or suppliers. As an indicative figure, sole traders can expect to pay between £100 - £200 per month, and a small business with five employees and ten transactions per day costs around £500 per month.

How much is completion of annual accounts?

If you've hired me for monthly bookkeeping so we know your accounting is in shape, completion of the annual returns will cost £600. If you're hiring me solely to complete the end of year accounts, I will have remediation work to do to ensure the full year accounts have been completed to UK Generally Accepted Accounting Practice (UK GAAP) standards. The cost may vary from £800 to £1200, depending on the condition of your accounting record keeping that you're submitting to me.

How much is a personal self-assessment?

As a business owner or sole trader, you all need to complete a personal self-assessment on top of your annual company returns. For all business owners and sole traders, I offer to complete the self-assessment for £150. For those with a net worth of >£250,000 and own a multitude of assets like equities, fixed income products, and real estate, I may direct you to a trusted partner for your self-assessment.

How much are VAT returns?

VAT returns need to be done monthly. I charge £21 per month for eleven months, and then £19 in the final month. The total is £250 for the year.

How much is payroll services?

Payroll services are offered on a quote basis given the varying factors like number of employees, company pension programs, and other company benefits. Please contact me for a non-obligatory chat and I will determine a figure specific to your business.

FAQ's.

Q: Do you provide tax advice?

Tax can be a broad and complex subject. Where questions relate to standard tax scenarios around corporation and income tax, I will always offer my input as part of my service. However, where questions relate to more complex tax scenarios, personal tax liabilities, and disposal of assets at a company or personal level, I will always guide you to a trusted tax advisor.

Because everyone has questions.

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Frequently asked questions.

Services.

Do you do bookkeeping?

I can offer clients a bookkeeping-only service.

Do you complete annual accounts?

I do complete my client's annual accounts.

Do you complete VAT returns?

I do complete VAT returns.

Can you run payroll?

I complete payroll for several clients.

Can you prepare audits?

I have many years experience preparing successful audits.

Do you provide tax advice?

I do not provide tax advice - it is a professional skill in itself due to its complex nature, and therefore should only ever be responded to by a Tax Consultant.

Payment.

What are your payment terms?

All payment terms will be printed on the invoice, but usual terms are 50% paid upfront, the remainder paid on completion.

Can I pay on completion?

Payment terms are 50% paid upfront and the remainder paid on completion.

I consider this the fairest approach to us both, as I too am running a business. Therefore I ask clients not to request a change to payment terms.

Will you issue me with an invoice?

All work will be issued with an itemised invoice in advance which will include payment terms.

Do you take card payments?

At this stage I am unable to take card payment.

This may change soon.

Can I pay by PayPal or other electronic payments platform?

Providing you are settling an invoice to my business account as outlined within the invoice, you can send me funds from any electronic payment provider you choose.

I will not receive funds to an electronic payment provider on my side.

Are you ready to connect?

Let's have a non-obligatory chat and see how I can help you.

Contact me here