Pricing

We know Pricing is the first place you’re going to click and, as finance nerds, we’re happy to see you have your eye on the budget.

We will also be totally upfront and say that we know we are not the cheapest, and that you can absolutely find a lower price through one of the many firms that offer a pre-packaged service. However, we’re confident that the level of personal attention and individual advice we provide ultimately offers far more value for money.

We mean it when we say that we tailor packages to each individual client, so the annual cost can vary between £350 to £30,000, depending on exactly what you require. Once we’ve assessed what your accounting needs are, and how we can best add value to you, you will receive a clear, personalised quote.

The cost will depend on the following factors:

  • Complexity of the business
  • Number of people on the payroll
  • Number of subcontractors
  • Services required on a monthly/weekly/quarterly/annual basis
  • Number of bank accounts and credit cards
  • Level of transactions
  • Currencies involved
  • Extent of the work done by yourself as the client

Please note that we ask our clients to hold the licences for software for Xero so this is on addition to our fees.

Our fees are taken on a monthly direct debit mandate via Gocardless, this is best for both us and our clients as;

  • Predictable cash flow of expenses
  • No large bills at the end
  • VAT claimed on our fees each month or quarter
  • Automatic collection so no action from yourself as the client convenience
  • We are being paid for work as its being performed
  • Transparency as fixed fee
  • Reduced administration as no actioning of payment and no chasing from our credit control department.

Should the scope of works change, we would then speak to you on going to explain the change in fees due to increased activity, example being if price was based on an average of 5 subcontractors per month which then changes to 10.

ACCOUNTING FEES ARE TAX DEDUCTABLE AGAINST ACCOUNTING PROFITS SO THE TAX SAVING IS FROM 19% TO 25%

As an illustration, prices start at the following levels (as a guideline only)

Contractor Personal Self Assessment Tax Return

FROM £350 PLUS VAT AS ONE-OFF FEE

Builder company (non-VAT registered)

FROM £250 (INC VAT) per MONTH on direct debit

Builder company (VAT registered but NOT CIS registered)

FROM £375 (INC VAT) per MONTH on direct debit

Builder company (VAT registered AND CIS registered)

FROM £450 (INC VAT) per MONTH on direct debit