The Book-keepers Forum (BKF)

Post Info TOPIC: What would you charge?


Master Book-keeper

Status: Offline
Posts: 3049
Date:
What would you charge?


I'm giving a lot of thought to fees at the moment, and realise I am cheaper than I should be, but also conscious that I primarily deal with micro businesses, so need to be realistic. 

Out of interest, as a rough guide, what would you charge for the following, (seen elsewhere) For those that don't know, I'm qualified by experience, but studying AAT level 3 and 4 from this month.

Electrical contracting business - Soletrader 
-Annual return 
-VAT registered (x4 returns to be checked and submitted via sage cloud) , all sales and expenses have been entered and reconciled (book keeping done)
-PAYE for 2 employees (one is the same each month) incl updating pension (they NOW pensions)
-CIS for x1 sub contractor 

 



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Master Book-keeper

Status: Offline
Posts: 7865
Date:

Will have a ponder, will probaby have more Qs, and PM you.

__________________

Joanne  

Fallows Hall Ltd 

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

 



Master Book-keeper

Status: Offline
Posts: 3049
Date:

Hi Joanne

Thanks, just to clarify though, that's a quote someone asked for on another website, and I was rather taken aback by the price offered, albeit it from a chartered accountant.



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Guru

Status: Offline
Posts: 882
Date:

 

Hi John 

I would probably say between £50 - £60 per month depending how the bookkeeping is, which I know is cheap but I work from home and have hardly any overheads, I don't use Sage so there may also be some software charges to factor in

Good to see you have started AAT, are you doing it through a training provider or self-study? 



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice



Master Book-keeper

Status: Offline
Posts: 7865
Date:

Leger wrote:

Hi Joanne

Thanks, just to clarify though, that's a quote someone asked for on another website, and I was rather taken aback by the price offered, albeit it from a chartered accountant.


 Ah I see.  Can you share the link (offline of course if you wish). 

Of course, chartereds can charge £xxx per hour, but I imagine there was also a race to the bottom type quote £29pm seems to be the flavour of the month. 

Mine would be higher than Dougs.

i would hazard a guess for a start that the bookkeeping will be a bag of rubbish, given the occupation of the poster (from experience!!!).  



__________________

Joanne  

Fallows Hall Ltd 

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

 



Master Book-keeper

Status: Offline
Posts: 3049
Date:

Hi Joanne

No problem sharing the link.   https://www.ukbusinessforums.co.uk/threads/accountant-costs.399361/

Probably fair enough on the tax return if a chartered but £50 a month for 3 payslips seems to me to be well overpriced.

A couple of weeks ago I was looking around different websites trying to get a feel on prices and finding quotes for tax returns alone between £160 and £325 so already knew I was too cheap, but I have a set price whether it takes me 1 hour or 10 hours (don't think I've ever taken that long though smile

 

Hi Doug

Not as cheap as me!!!  Would you be so kind as to send me a breakdown by pm?  As I've already said I know my tax returns are too cheap, and following discussions with someone else offline, more than likely my VAT fee as well.  I'm content with my payroll price;  even though it's considerably cheaper than the chartered, it still comes out at a decent per hour rate.  

I am doing self study for Level 3 but likely to use a training provider for level 4.

 



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Guru

Status: Offline
Posts: 882
Date:

Leger wrote:

I am doing self study for Level 3 but likely to use a training provider for level 4. 


 Hi John, I sent you a PM but at the end of the day if you are happy with what you charge and so are your clients then I don't see it as a problem

I know all the AAT courses have changed since I did them but there used to be loads of helpful resources for students on their site as well as practice assessments, quite sure they are still available from what I read on the forum which is also quite helpful if you are interested

https://forums.aat.org.uk/forum/

Plus plenty of people on of here have done AAT who I am sure would be happy to offer assistance if you need it  



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  

©2007-2019 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: info@bookcert.co.uk.

Privacy & Cookie Policy  About